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Investors have been caught off guard by the yen again, as a resilient US economy and reluctant Fed rate cuts have supported the dollar. A new Japanese government has also favoured keeping the central bank from raising rates.
A firmer dollar against the yen raises the yen cost of US feed imports and can soften dollar-denominated commodity prices. The impact on feed markets is indirect.
reuters.comRae Wee, Ankur BanerjeeNov 13, 2025Not 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.
