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The Philippine peso strengthened against the US dollar for a third straight session, closing at P63.47 per dollar from P63.74 on October 30. Bankers and analysts attributed the gain to government signals defending the currency after it hit a record low, and to remittances tied to a holiday weekend.
A firmer peso lowers the local-currency cost of imported feed ingredients such as soybean meal and corn, easing landed costs for Philippine feed buyers. The move is small and partly seasonal, so it is unlikely to change feed price direction on its own.
gmanetwork.comTED CORDERO, GMA NewsNov 3, 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.
