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The offshore yuan held near 6.66 per dollar as China’s trade surplus exceeded $1 trillion in the first ten months of 2026. October exports rose 35.2% year on year and imports increased 41.6%, while a softer US dollar also supported the currency.
A stronger yuan can make dollar-priced imports, including feed ingredients, cheaper for Chinese buyers. The article does not indicate a direct change in grain or feed demand.
squawknews.comSquawkNews DeskNov 10, 2026After 362 past bearish macro events, Chinese Yuan (CNY per USD) moved a median -0.1% over 5 sessions (42% higher; middle half -0.4% to +0.1%), and -0.2% 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.
