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AUD/USD fell 0.44% to 0.6965 as the US midterms were underway and Iran denied it was close to a peace deal. The RBA raised rates to 4.85% but gave no forward guidance.
Currency weakness driven by election and geopolitical uncertainty has limited direct impact on feed ingredient prices. Its main effect is on Australian export competitiveness.
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.