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The yuan rose to a one-week high against the dollar, supported by a strong central bank fixing of 7.0833 that was 308 pips firmer than Reuters' estimate. Soft US private-sector jobs data also weighed on the dollar.
Dollar weakness and a firmer yuan can ease the cost of Chinese imports of US feed ingredients. The effect is small compared with direct supply factors.
tradingview.comNov 12, 2025After 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.
