The dollar traded near a 19-month high against major currencies by 13 November, with the euro near $1.10 and the yen near 160 per dollar. Two-year Treasury yields rose about 34 basis points over the week, while the dollar's share of global foreign exchange reserves fell to 56.70% in the second quarter.
A stronger dollar driven by rate expectations lowers the dollar price of imported and exported commodities, which can pressure US export prices. The reserve share decline is a longer-term trend with little immediate effect on feed markets.
After 2,356 past bullish macro events, US Dollar (Broad) moved a median +0.2% over 5 sessions (60% higher; middle half -0.3% to +0.7%), and +0.4% 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.