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The yen has weakened past 160 per dollar, a level that raises the risk of official intervention to slow its decline. Traders are watching for another move by Japanese authorities after the July joint action with the US.
A weaker yen makes dollar-priced feed imports more expensive for Japanese buyers, and the USD/JPY move is a cost signal for feed importers in Japan.
bloomberg.comDaniel Ten KateSep 1, 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.
