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The pound touched 10-month lows against the euro at 1.0981 euros, and Morgan Stanley forecast the euro could reach parity with sterling in early 2018. UK tourism has benefited from the weak pound, with record eurozone visitor numbers in April.
A weak pound raises the sterling cost of euro-zone-sourced feed ingredients for UK buyers, though no direct grain price effect is apparent.
bbc.co.ukKaren HogganAug 11, 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.
