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The Bank of England reported that sterling reached its strongest level against a basket of other currencies since 23 June 2016, the day of the EU referendum. The pound also reached an 18-month high above 1.20 euros.
A stronger pound against a broad basket mainly reflects dollar weakness and rate expectations, not a direct change in feed supply or demand. It can affect UK import costs for feed ingredients priced in dollars.
theguardian.comGraeme WeardenNov 5, 2026Not 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.
