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The yen gained as much as 0.4% against the dollar to 157.15 after the Bank of Japan kept its policy rate unchanged, then pared most of the advance. Governor Ueda said rate hikes will be judged at each meeting, including the next one, but that stable inflation has not yet been achieved.
A firmer yen and a possible BoJ hike reduce the dollar cost of yen-based inputs and shift currency flows, but the effect on feed grain and meal prices is indirect.
bloomberg.comJohn ChengOct 30, 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.
