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The Bank of Korea held its base rate at 2.75% and cut its 2025 GDP growth forecast, citing US tariff measures and political instability. The won hit its weakest level since March 2009 on April 9 after reciprocal tariffs were announced.
A weaker won and slower Korean growth reduce purchasing power for imported feed grains and meal, although rate caution limits further currency-supporting moves.
koreaherald.comIm Eun-byelApr 17, 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.
