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Analysts at Nomura warned that the pound may be too optimistic about Brexit, with markets pricing a range of possible deals from hard to soft. Prime Minister Theresa May was expected to outline a Brexit plan in a speech in the new year, though few details were anticipated.
Uncertainty over the terms of Brexit can drive sudden swings in sterling, which affects the cost of imported feed ingredients priced in dollars for UK buyers.
cnbc.comLeslie ShafferDec 22, 2016Not 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.
