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The Japanese yen strengthened past 149 per dollar on Monday, its second straight session of gains, as anxiety over new US reciprocal tariffs drove safe-haven demand. Finance Minister Kato warned against excessive currency moves, and BoJ officials signaled further rate increases.
Yen strength and BoJ tightening lower Japan's import costs for feed and energy, while the safe-haven shift reflects tariff-driven risk aversion that can weigh on US farm trade sentiment.
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.