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Eisuke Sakakibara said the yen could fall toward 150 per dollar, a level last seen in 1990. He called the widening policy gap between a hawkish Federal Reserve and the Bank of Japan the biggest driver of yen weakness.
A further yen slide would raise Japan's dollar-denominated feed and energy import costs, adding pressure on Japanese feed buyers.
bloomberg.comRuth Carson, Yvonne ManMay 19, 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.
