
The South Korean won traded around 1,345 per dollar, reversing recent gains as residents kept buying overseas securities. Net purchases of foreign securities rose 71.5% month-on-month to $7.09 billion in October.
October exports rose 93.7% year-on-year to a record $115.3 billion, led by semiconductors, but exporter conversions have not been enough to offset the outflows.
Persistent dollar demand keeps the won weak, which raises the local cost of dollar-priced grain and meal imports into Korea. Strong export receipts limit the downside for the won, so the currency effect on feed costs is likely to stay moderate.
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.