The onshore yuan weakened against the U.S. dollar in the Shanghai foreign-exchange market on November 11. At 16:30 it traded at 6.6705 yuan per dollar, 0.0023 yuan weaker than at the same time the previous day.
A weaker yuan can increase the cost to Chinese buyers of dollar-priced feed imports. The reported exchange-rate move was modest and does not establish a change in underlying commodity supply or demand.
After 398 past bullish macro events, Chinese Yuan (CNY per USD) moved a median +0.0% over 5 sessions (56% higher; middle half -0.3% to +0.5%), and +0.0% 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.