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The Bank of Korea cut its base rate by 25 basis points to 2.75% on February 25, 2025. The board cited downside growth risks, slowing household debt growth, and U.S. tariff policy, and it said the global economy faces heightened uncertainty.
Lower Korean rates widen the interest rate gap with the US, which tends to weaken the won and raise the local cost of dollar-priced feed imports such as corn, soybean meal and DDGS.
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.