
USD/JPY slipped below 147.00 as the dollar weakened on Fed independence concerns and expectations of a dovish policy shift after Chair Powell's Jackson Hole remarks. The US Q2 GDP second estimate was revised up to 3.3% and jobless claims fell to 229,000.
The Dollar Index traded near 97.80.
A softer dollar cuts the local-currency cost of US commodity imports for Japan and other buyers. The move is routine FX action with no direct impact on feed supply.
Not enough comparable past events yet for a historical read.
After 1,637 past bearish macro events, US Dollar (Broad) moved a median -0.2% over 5 sessions (39% higher; middle half -0.6% to +0.3%), 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.