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Bank of Thailand Governor Vitai Ratanakorn said 2% growth is not enough to sustain the economy. The bank forecasts growth of 2.4% this year and 2.1% next year, and the policy rate was left unchanged at 1.00% last week.
The governor's comments signal that rate cuts are unlikely to address Thailand's structural problems, which keeps the baht and local demand conditions steady for feed buyers. The effect on feed commodity prices is small.
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.