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Sterling fell after reports suggested Prime Minister Theresa May was aiming for a hard Brexit that would end free movement of goods and services in exchange for immigration controls. The pound is trading near $1.20, the level it hit during the October flash crash.
Brexit-driven sterling weakness is a political currency move with no direct effect on feed commodity supply or demand.
bbc.comRebecca MarstonJan 16, 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.
