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The yen's monthly trading range in October was 2.87 yen, the narrowest in 4-1/2 years, as hedge funds pared net short positions after a public warning from US Treasury Secretary Bessent. Safe-haven demand linked to France's fiscal and political turmoil and AI market jitters also supported the yen.
Reduced yen weakness lowers the import cost pressure on Japanese feed buyers, while a sharp break in the standoff could quickly change the cost of dollar-priced feed. The near-term price implication for feed commodities is limited.
en.sedaily.comPark Min-juNov 2, 2026Not 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.
