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USD/JPY traded near 155.80 after BOJ Summary of Opinions showed several policymakers favouring further rate hikes in 2026. The BOJ had raised its policy rate to 0.75%, the highest in 30 years.
Markets awaited the Fed's December meeting minutes.
Expected BOJ tightening supports the yen and can lower the yen cost of dollar-priced feed imports. The grain and meal price impact is minor.
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.