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Some investment houses expect the yuan to strengthen past 7 per dollar in 2026 for the first time since 2023. They cite narrowing yield gaps with the United States and prospects for easing trade tensions.
A forecast of yuan appreciation suggests cheaper dollar-denominated imports for China over the coming year. This is a forward-looking view with limited near-term impact on feed prices.
After 362 past bearish macro events, Chinese Yuan (CNY per USD) moved a median -0.1% over 5 sessions (42% higher; middle half -0.4% to +0.1%), and -0.2% over 20.
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.