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Japan's core consumer prices rose 0.4% year-on-year in May, the fifth straight monthly gain. Household spending fell 0.1% in May from a year earlier, beating a forecast for a 0.6% decline, while the jobless rate unexpectedly rose to 3.1%.
Sluggish wage growth and falling oil costs cloud the inflation outlook, which may keep the Bank of Japan's policy loose and weigh on the yen. This has little direct effect on feed grain or meal prices.
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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.