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The baht extended its gains on January 12, trading below 32 per dollar and finishing the first two weeks of the year up 2%. Exporters asked the central bank to act so the baht stays in line with trade counterparts.
A firmer baht squeezes Thai exporter margins and can shift regional trade flows, a currency move that indirectly affects dollar-priced feed ingredient costs.
Not 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.