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The People's Bank of China set the yuan central rate at 6.7150 per dollar, down 0.006% from the previous day, for a second straight day of weakening. The yuan traded near 6.671 per dollar in Shanghai mid-morning, and the central bank drained net liquidity through open-market operations.
Small daily yuan weakness raises the local-currency cost of dollar-priced feed imports for China, but the move is too small to change grain prices on its own.
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.