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The Korean won strengthened as much as 0.9% to 1,423.85 per dollar, extending gains to a seventh straight day, the longest such run since January 2013. It was the best-performing Asian currency that day, supported by a surge in Samsung Electronics' profits.
A stronger won lowers the local-currency cost of importing feed grains and meal priced in dollars, easing margins for Korean feed buyers. The move is currency-driven and does not change global grain supply or demand.
bloomberg.comMalavika Kaur MakolJan 29, 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.
