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Analysts expect the yen to weaken further in coming months as the interest rate gap between Japan and most other countries could widen. The Bank of Japan's stance under Governor Kazuo Ueda was cited as a driver of the currency's weakness.
Continued yen weakness would keep Japanese import costs for feed ingredients and energy elevated. A stronger dollar against the yen tends to support US dollar-denominated grain export prices in yen terms.
wsj.comRonnie HaruiJun 29, 2023Not 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.
