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Strategists at JPMorgan, BNP Paribas and others forecast the yen weakening to 160 per dollar or beyond by the end of 2026. They cite still-wide US-Japan yield gaps and a gradual BOJ tightening path.
The outlook is a forecast rather than a new event.
A weaker yen forecast implies dearer dollar-priced feed imports for Japan in yen terms. The effect on global feed prices is small.
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.