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Markets expect the Bank of England to raise its policy rate from 3.75% to 4% at its Thursday meeting, the first hike since August 2023. UK CPI rose to 3.5% in September, driven by higher petrol and diesel prices linked to the Middle East conflict.
Tighter UK monetary policy supports sterling and can weigh on UK demand for feed-linked products, but the direct effect on feed commodity prices is limited.
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.