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After the Bank of England's announcement, the pound rose nearly 1.2% against the dollar. Officials signaled they were less eager to keep increasing monetary stimulus, as the UK economy appeared to have weathered near-term effects of leaving the EU.
A firmer pound on reduced BoE easing has limited direct effect on feed grain prices, though a stronger sterling marginally eases UK feed import costs.
wsj.comJon SindreuNov 3, 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.
