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Market previews expected the PBOC to set the USD/CNY reference rate at 6.6783 ahead of the onshore session. The article explains how the daily midpoint is set within a 2% trading band.
The midpoint is a policy signal for the yuan, which affects China's purchasing power for dollar-priced feed imports. The expectation itself moves feed prices little.
investinglive.comEamonn SheridanNov 5, 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.
