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Sterling rose 5% against a basket of currencies in November, its biggest monthly gain since January 2009. The currency remained 15% lower than a year earlier.
A stronger pound reduces the sterling cost of dollar-priced feed imports for UK buyers, although the gain follows a long period of weakness.
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.