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The Korean won closed at 1,343.8 per dollar on November 2, weakening 0.71% from the prior session and reaching its weakest level in 12 trading days. Importer dollar demand, investment flows into overseas stocks, and a dollar index near 101.8 drove the move.
Brent crude was cited at $117.64, up 2.4% on the prior trading day, as Middle East war uncertainty continued.
A weaker won raises the cost of dollar-priced grain and oilseed imports for Korean feed buyers, while higher Brent feeds into freight and energy costs. The currency move is modest, so the effect on feed prices is mainly through energy and freight.
biz.chosun.comLee Hak-junNov 2, 2026Not enough comparable past events yet for a historical read.
After 323 past bullish macro events, BRENT moved a median +0.7% over 5 sessions (58% higher; middle half -2.9% to +3.7%), and +1.3% over 20.
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.
