
The yen weakened to 158.30–31 per dollar at noon in Tokyo, down 36 sen from Friday’s 5 p.m. level. Stronger-than-expected U.S. October jobs data and a lower unemployment rate revived expectations of a U.S. rate hike this year, while yen buying by Japanese exporters and other domestic buyers limited the decline.
Expectations of higher U.S. rates supported the dollar against the yen, a currency move that can affect the cost of dollar-priced feed imports for Japanese buyers. The report describes a modest exchange-rate move rather than a new commodity supply shock.
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.