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The South Korean won has been the worst-performing Asian currency this year, down 1.3% as weak exports and inflation raise concerns. Industrial production slowed to a four-month low in January, and traders are betting the Bank of Korea will cut rates for the first time in three years.
Currency weakness in the won and rate-cut bets are macro drivers with little direct link to feed grain or protein prices, though a weaker won can marginally affect Korean feed import costs.
businesstimes.com.sgMar 24, 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.
