
The dollar traded around 157.79 yen in Tokyo afternoon dealings, about 0.40 yen lower than the previous day, as the yen strengthened. Equity-market losses prompted investors to unwind yen-short, dollar-long hedges, while Nasdaq futures and the upcoming US jobs report kept traders cautious.
Yen strength can lower the yen-denominated cost of imported feed ingredients, while dollar moves affect import costs more broadly. The reported exchange-rate move was modest and driven by financial-market positioning.
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.