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A Reuters poll expects the South African rand to stabilise for the rest of 2017 after the recent downgrades and currency sell-off. The page content also includes an unrelated 2024 item on hurricane damage in Texas.
A stable rand would keep import costs for South African feed buyers steady. The poll suggests the currency sell-off may not extend much further.
reuters.comApr 6, 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.
