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USD/JPY was quoted at 157.67 in early Tokyo trading on November 3 after the dollar stopped its decline. The October US ISM manufacturing index came in above expectations, supporting the dollar.
Markets were focused on the US midterm elections held the same day.
A firmer dollar against the yen raises the yen cost of imported feed ingredients for Japanese buyers. The move is mainly a currency reaction and has little direct effect on feed supply.
zai.diamond.jp（ザイFX！編集部）Nov 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.
