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The won weakened against the dollar on Monday, with USD/KRW closing at 1,343.8 won per dollar, up 9.5 won from the prior session's 1,334.3. The rate sat 20.7 won above its October 26 low of 1,323.1 and 13.6% below its July 2 peak of 1,555.8.
A weaker won raises the local-currency cost of dollar-priced feed imports such as corn, soybean meal and other grains, squeezing Korean feed buyers' margins. The move is a routine currency fluctuation with no feed-specific cause.
econotimes.comAdrian ValeNov 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.
