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Sterling was on track for a fourth straight weekly decline against the dollar after the Bank of England held rates and cut its growth and inflation forecasts. The pound had fallen to about $1.35 from post-Brexit highs near $1.44.
Sterling weakness shifts the cost of dollar-priced feed imports for UK buyers. The rate outlook is a macro driver, so the effect on feed prices is modest.
rte.ieRTÉ NewsMay 11, 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.
