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Sterling rallied late in the week of September 11 against the US dollar, closing at 1.3593 after starting at 1.3179. The move followed Bank of England minutes and comments that raised hopes of earlier rate increases.
The pound recovered most but not all of its post-Brexit losses.
A stronger pound on BoE tightening expectations lowers the sterling cost of dollar-priced feed ingredients for UK importers. This is a currency forecast with no direct effect on grain or livestock supply.
exchangerates.org.ukColin LawrenceSep 17, 2017Not 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.
