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Sterling rose about two cents to near $1.25 after Bank of England forecasts and a UK court ruling that delayed EU divorce proceedings. The pound was still near 31-year lows against the dollar.
Currency swings tied to Brexit and BoE policy alter the purchasing power of UK feed buyers importing dollar-priced ingredients, with limited direct grain price impact.
news.sky.comNov 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.
