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The IMF Executive Board concluded its 2018 Article IV consultation with Japan, projecting real GDP growth of 1.1% in 2018. It said inflation remains well below the Bank of Japan's 2% target despite higher energy prices.
The IMF also urged fiscal consolidation and advancing multilateralism to offset trade-tension spillovers.
This is a routine macroeconomic assessment of Japan with no direct change to feed supply, demand or trade flows. It has little immediate price impact on feed commodities.
Not 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.