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South Korea's won strengthened after authorities said excessive weakness was undesirable and signaled a strong government response. The central bank and finance ministry also announced new tax measures, and the National Pension Service is reported to be starting strategic currency hedging.
A stronger won reduces the local-currency cost of dollar-priced feed imports, while sustained hedging by the pension fund could keep pressure on USD-KRW. The impact on feed prices is indirect and modest.
bloomberg.comSusie KangJan 1, 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.
