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The dollar opened up 1.2% at about R$5.51 on Tuesday. Traders were focused on the US midterm elections, new US labor data and Brazil's expected interest rate decision.
The dollar had also closed Friday near R$5.45 after a weekly gain of more than 9%.
A weaker real raises the local-currency cost of imported feed inputs, but the report describes routine market moves.
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.