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The US dollar's selling rate in Turkey's free market rose to 50.0021 lira on November 3, passing the 50-lira level for the first time. The lira has lost about 19% against the dollar over the past year, despite recent central bank rate cuts.
A weaker lira makes imported feed grains and meals more expensive in lira terms for Turkish buyers, which can squeeze margins for livestock producers.
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.