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Prime Minister Theresa May called a snap UK general election, and polls suggest the Conservatives would gain seats. Sterling rose to three-month highs and the FTSE 100 fell below 7200 on the news.
A stronger expected Conservative majority supports the pound, which lowers the sterling cost of imported feed ingredients and tends to ease UK import price pressure.
ig.comChris BeauchampApr 18, 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.
