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OCBC projects USD/KRW at 1,320 by end-2026 and 1,260 by end-2027, implying moderate won appreciation along a non-linear path. Near-term volatility is expected to stay high because of elevated US yields, possible further Fed hikes and sensitivity to risk sentiment.
A stronger won over the medium term would lower the local-currency cost of imported feed ingredients for Korean buyers. The forecast is a currency view with no direct grain supply implication.
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.