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USD/JPY traded in a 157.46-157.98 range in the Asia-Pacific session on November 2 and rebounded to test 158.00. The move came as the dollar was supported ahead of the upcoming US data and Fed commentary.
A weaker yen raises the local-currency cost of imported feed ingredients for Japan and can shift import demand for US grain and meal. The effect on dollar-denominated feed prices is modest at this stage.
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.