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With mainland China’s onshore market closed for the National Day holiday, offshore yuan trading lacked a clear domestic-market guide. The offshore yuan briefly weakened to 6.6904 per US dollar, a seven-week low, before trading mostly near 6.67.
A weaker yuan raises the local cost of dollar-priced imports, including feed ingredients, and can dampen Chinese buying. The reported exchange-rate move is modest and does not establish a change in commodity demand.
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.