The rand traded near R16.33 per dollar on Thursday after strengthening, and US equities rallied on Democratic midterm wins. Brent crude fell for a fourth session to about $93 a barrel, and gold approached a two-week high near $4,137.
Lower Brent reduces diesel and freight costs for feed producers and softens the energy-driven inflation outlook. The article is a general market wrap that describes moves rather than a new supply or demand driver for feed ingredients.
Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
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.