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Japanese Prime Minister Shinzo Abe resigned as COVID-19 weighed on the economy and key goals went unmet. Japan's main stock index fell about 2% before recovering, and the yen rose on concerns about a return to deflation.
Political change in Japan introduces uncertainty over Abenomics and currency direction, which can affect yen-based import costs for feed ingredients, though the direct price impact on feed commodities is limited.
reuters.comLinda SiegAug 29, 2020Not 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.
