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The yen strengthened past 158 per dollar for a second session as minutes from the Bank of Japan's September meeting showed concern that inflation could exceed the 2% target. Markets increasingly price in another BoJ hike at the December 17-18 meeting, after the policy rate was held at 1.25% in October.
A firmer yen on expected BoJ tightening lowers Japan's import costs for dollar-priced feed ingredients, though the effect on global grain prices is limited.
capitalmarket.comNov 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.
