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South Korea's net forward dollar-buying position fell to $13.46 billion at end-September from $15.84 billion in August, according to IMF-reported data. The decline reflects exporters selling dollars as the won strengthened, reducing authorities' need for currency support.
Reduced central bank intervention signals a firmer won, which lowers local-currency costs for Korean feed and commodity importers. The effect on grain prices is limited, as this is a currency-positioning story.
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.