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The Bank of Japan's interventions to support the yen are losing effectiveness, with the currency near 150 per dollar, its weakest since 1990. Governor Kuroda could tweak the bank's unorthodox policy, but analysts doubt such changes would help much.
The core problem is the widening gap between US and Japanese economic conditions.
A weaker yen raises the dollar cost of Japanese feed and grain imports and can shift demand between origins. The effect on grain prices is indirect and modest.
reuters.comPete SweeneyOct 31, 2022Not 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.
