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China's yuan edged up from a three-week low against the dollar on Monday as markets awaited details of Trump's reciprocal tariff plan. Citi and Goldman Sachs economists said reciprocal or sectoral tariffs could be less relevant for China, though further escalation of US-China trade disputes remains possible.
Currency moves and uncertainty over US-China tariffs can shift Chinese import demand and the competitiveness of US feed ingredients, but the immediate effect on grain prices is limited.
brecorder.comReutersMar 31, 2025After 991 past macro events, Chinese Yuan (CNY per USD) moved a median -0.0% over 5 sessions (49% higher; middle half -0.3% to +0.3%), and -0.1% 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.
