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The rand was little changed in early trade on Tuesday as investors weighed a US plan to suspend South Africa and Rwanda from the African Growth and Opportunity Act from January 1, 2027. Markets had largely priced in the move, and attention turned to US midterm and South African local elections.
Loss of AGOA duty-free access could reduce South African exports to the US and weigh on the rand, but analysts expect limited impact, so the effect on feed ingredient trade is likely modest.
cnbcafrica.comReutersNov 3, 2026Not 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.
