Loading…
Sterling rose about 1.2% to $1.3022 after EU chief Brexit negotiator Michel Barnier said the EU would offer an unprecedented partnership to the UK. The move came after earlier reports suggested officials were not optimistic about a deal before the October EU summit.
Sterling moves on Brexit headlines have little direct effect on feed grain or protein prices. Any indirect effect would come through the dollar, which can shift the relative cost of US commodity exports.
cnbc.comFred ImbertAug 29, 2018Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
