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The Thai baht has strengthened markedly over the past year and is among Asia's best-performing currencies, even as Thailand's economic growth remains modest. The appreciation lowers import costs but erodes exporter price competitiveness and tourism appeal.
A stronger baht makes Thai imports cheaper and weighs on export revenues, which can affect Thai demand for imported feed ingredients and the economics of Thai feed and livestock exporters.
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.