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The yen weakened further in New York trading on November 3, closing at 158.65-158.75 per dollar, its weakest level since October 14. US tech stocks rallied, improving risk sentiment and prompting selling of the low-yielding yen.
The yen also fell against the euro and dollar-linked pairs, while the Reserve Bank of Australia raised its policy rate to 4.85%.
A weaker yen makes dollar-priced feed imports more expensive for Japanese buyers, lifting landed costs for corn, soybean meal and other grains. The move is a currency effect rather than a change in grain supply or demand.
nikkei.comNikkei Inc.Nov 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.
