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Britain and the EU reached broad agreement on a post-Brexit transition period and parts of the withdrawal treaty, including the Irish border, per Michel Barnier. Sterling rose 0.6% to $1.4048, its first breach of $1.40 since Feb 26.
A firmer pound lowers the cost of UK-bound imports priced in dollars and shifts sterling-linked feed trade economics; the effect on grain and feed prices is indirect.
financialpost.comReutersMar 19, 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.
