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The Central Bank of the Republic of Türkiye cut its one-week repo auction rate by 100 basis points, from 40.5% to 39.5%. It also lowered the overnight lending rate to 42.5% and the overnight borrowing rate to 38%.
A lower lira funding rate modestly eases financing costs for Turkish feed millers and livestock producers, but the bank warned that food price risks are rising, so the feed cost outlook for Turkey stays uncertain.
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.