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The Japanese yen fell to a 40-year low against the dollar even after the Bank of Japan's latest rate hike. Japanese rates remain far below US levels, sustaining a wide yield gap and carry trades that borrow in yen.
A weaker yen raises Japan's import costs for feed and energy and can shift Japanese buying of US and Brazilian feed commodities, while a stronger dollar tends to pressure dollar-priced commodities.
reuters.comKaren Brettell, Alun JohnJun 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.
