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The Bank of Japan raised its policy rate to 1.25%, a 31-year high, in a 7-2 vote that matched market expectations. USD/JPY rose from about 156.25 to 156.70 as the decision was largely priced in, and the guidance signaled further rate increases.
The BoJ hike is largely priced in and gives limited support to the yen, so dollar-priced feed import costs for Japanese buyers change little, though the signaled tightening path is a medium-term factor for currency-driven import costs.
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.