
The South Korean won rose to its strongest level since early November, trading at 1,444.20 per dollar after a 2.3% jump on Wednesday. The gain followed a policy warning that excessive currency weakness would prompt a strong government response.
Onshore markets were closed Thursday for the Christmas holiday.
A firmer won lowers the local-currency cost of dollar-priced feed ingredient imports, which eases import costs for Korean feed buyers. The move is a currency effect rather than a change in grain supply or demand.
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.