The onshore yuan closed at 6.6088 per dollar, up 115 points from the previous afternoon, while the offshore rate also strengthened. A weaker dollar and a stronger daily fixing supported the move, alongside increased afternoon yuan settlement activity.
A stronger yuan reduces the local-currency cost of dollar-denominated feed imports, though the article describes a daily currency move rather than a change in underlying commodity supply or demand.
After 991 past macro events, Chinese Yuan (CNY per USD) moved a median -0.0% over 5 sessions (49% higher; middle half -0.3% to +0.3%), and -0.1% over 20.
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.