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The South African Reserve Bank said the phase-out of the Johannesburg Interbank Average Rate (Jibar) will be delayed by five months. The extension gives more time to finalise legislative and operational arrangements for the transition.
This is a financial benchmark change with no direct effect on feed supply, demand or prices.
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.