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The South African Reserve Bank moved the discontinuation date for the Johannesburg interbank average rate (Jibar) from end-2026 to May 31, 2027. The delay gives lawmakers time to resolve legal gaps for legacy contracts before the switch to the Zaronia successor rate.
This is a financial benchmark change with no direct effect on grain, oilseed or feed supply and demand. It has no meaningful price implication for feed ingredients.
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.