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The Bank of England is expected to raise interest rates on Thursday for the first time in over three years. The move is a response to inflation driven by the Iran war, and economists expect the nine Monetary Policy Committee members to have little option but to tighten.
Higher UK rates support sterling against the dollar, while tighter UK financial conditions weigh on domestic demand for animal feed and meat. The direct impact on grain and feed 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.