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USD/JPY recovered above 147.50 after falling below 147.00 on Monday, as markets focused on the escalating Trump-Fed dispute. The dollar's gains were limited by doubts about Fed independence.
US Consumer Confidence data was on the calendar.
Intraday FX moves between the yen and dollar change the yen cost of dollar-priced feed imports only marginally. The story describes price action without a new cause for feed markets.
Not 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.