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The yen gained for a third straight day, rising 0.11% to 157.51 per US dollar, after the Bank of Japan held its main rate at 1.25%. The BOJ raised its inflation outlook and said policy had entered a more hawkish phase, leaving room for rate increases every few months.
Lower US Treasury yields and a tech stock sell-off also weighed on the dollar.
A firmer yen and softer dollar slightly ease the cost of dollar-priced feed imports for Japan and can modestly support dollar-denominated commodity prices. The effect on feed markets is indirect and small.
makkler.comNov 1, 2026Not 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.
