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The Bank of Thailand held its one-day repo rate at 1.00% by a 6-0 vote, its fourth straight hold after a 25bp cut in January. The central bank signalled it may keep rates low through the rest of 2026 and possibly much of 2027, and the baht traded near 33.73 per dollar.
Steady low Thai rates and persistent baht weakness pressure the dollar cost of imported inputs for Thai feed producers, though the move is incremental for global feed prices.
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.