# Biden and Trump Tonight: Debate or Debase? - Pro Farmer

> A Pro Farmer morning market note covers the presidential debate, with the yen falling past ¥160 per dollar, its weakest in almost 40 years. Corn, soybeans and wheat traded in tight ranges, and crude oil and the dollar index were firmer or weaker in mixed moves.

- Date: 2024-06-27 · published 2024-06-27T12:00:00.000Z
- Category: macro · region US · magnitude low
- Page: https://feedsoft.ai/events/29894-biden-and-trump-tonight-debate-or-debase-pro-farmer
- Commodities: [Japanese Yen (JPY per USD)](https://feedsoft.ai/c/USDJPY.md), [Crude Oil (WTI)](https://feedsoft.ai/c/WTI.md)

## Why it matters

A weaker yen and firm crude have limited direct grain impact, but currency moves can affect US export competitiveness at the margin.

## Read by commodity

- WTI: bullish ▲
- USDJPY: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WTI | 2020-12-23 | [Freight boom fuels shipping and oil prices](https://feedsoft.ai/events/49840-freight-boom-fuels-shipping-and-oil-prices.md) | +2.7% | +11.2% |
| WTI | 2021-02-01 | [Analysis: Global fuel prices jump as Asia, U.S. to rev up demand in 2Q](https://feedsoft.ai/events/48814-analysis-global-fuel-prices-jump-as-asia-u-s-to-rev-up-demand-in-2q.md) | +8.9% | +16.1% |
| WTI | 2023-07-26 | [The increase in the price of oil led to an increase in the prices of gas and nitrogen fertilizers](https://feedsoft.ai/events/7009-the-increase-in-the-price-of-oil-led-to-an-increase-in-the-prices-of-gas-and.md) | +2.1% | +0.7% |
| WTI | 2025-07-28 | [Oil rises 2% on US-EU trade deal, Trump's shorter deadline for Russia](https://feedsoft.ai/events/23924-oil-rises-2-on-us-eu-trade-deal-trump-s-shorter-deadline-for-russia.md) | +3.1% | -3.1% |
| WTI | 2020-11-24 | [Canadian dollar climbs to 2-week high as Biden transition boosts Wall Street - The Globe and Mail](https://feedsoft.ai/events/50385-canadian-dollar-climbs-to-2-week-high-as-biden-transition-boosts-wall-street.md) | +3.7% | +9.5% |

## Sources

- profarmer.com: https://www.profarmer.com/news/policy-update/biden-and-trump-tonight-debate-or-debase

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.