Sterling slumped after a YouGov poll showed Labour within 9 points of the Conservatives, following voter backlash over proposed elderly social care changes. A later poll showed the gap narrowing to 5 points, and sterling fell to a six-week low.
The article also cites a weaker-than-expected first-quarter GDP revision to 0.2%.
Election polling and weak growth data are pushing sterling lower, which affects the cost of UK-sourced feed ingredients priced in dollars. The impact on global feed prices is small.
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.