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The South African rand was little changed in early trade on November 2 at about 16.70 per dollar. Traders were awaiting the Absa manufacturing PMI and October vehicle sales data.
The rand has no direct link to feed grain or oilseed supply or demand, so the story has little bearing on feed prices. It is a routine currency update.
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.