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South Korea's won has fallen to its weakest level since January 2017, near 1,200 per dollar, down nearly 6% this year. Investors use the won as a proxy for bets on the economic costs of the US-China trade war.
A weaker won makes Korean buyers' dollar-priced feed imports more expensive and signals softer Korean import demand, a modest negative for feed-grade commodity demand.
reuters.comYena ParkJun 12, 2019Not 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.
