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The yen weakened as super-long JGB yields fell sharply after reports Japan would consider trimming super-long bond issuance. Optimism over Trump delaying tariffs on the EU also weighed on the safe-haven yen, pushing USD/JPY toward 143.50.
The move is driven by bond market and tariff-headline dynamics; for feed buyers it is a small input-cost factor through the dollar rather than a direct grain price driver.
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.