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The dollar/lira rate reached 50 lira on the first trading day of the week, setting a new all-time high, while the euro rose to 56.16 lira. Investors are also watching the US midterm elections and the upcoming US employment data.
A weaker lira raises the cost of imported feed for Turkish buyers, and the rise in euro/lira adds to costs for ingredients priced in euros.
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.