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The pound fell below $1.30 against the dollar on Friday after Bank of England governor Mark Carney said the risk of a no-deal Brexit was "uncomfortably high". Carney cited a stress-test scenario in which UK unemployment could more than double to 9%.
The story concerns UK recession and currency risk rather than agricultural supply or demand. Any effect on feed markets would be indirect, through the dollar.
businessinsider.comWill MartinAug 3, 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.
