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USD/JPY fell from about 157.5 to about 156.4 in Asian trade as Japanese investors and exporters sold foreign currency ahead of Japan's fiscal half-year end. Comments from Fed's Williams that there is no urgency for another hike and recent US-Japan official remarks also capped the pair.
A stronger yen reduces the local-currency cost of US dollar-priced feed imports for Japan and affects Japanese buyers' purchasing power for corn, soybean meal and other feed ingredients, though the move is likely short-lived given flow-driven drivers.
investinglive.comEamonn SheridanSep 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.
