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The Korean won weakened past 1,388 per dollar on September 21, losing nearly 50 won in under two weeks. The move was driven by renewed Fed tightening and foreign stock selling, and analysts see limited room for a further slide given Korea's current account surplus.
A weaker won raises the local-currency cost of dollar-priced feed ingredients imported by Korea, which tightens feed buyer margins even if global grain prices are unchanged.
koreaherald.comChoi Ji-wonSep 21, 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.
