
Agricultural commodities rose over the week on changes to US production and stock estimates, while metals fell after US October inflation data and rising Fed rate-hike expectations. The dollar index strengthened and bond yields rose.
A stronger dollar and higher rate expectations raise the cost of holding commodities and can weigh on prices, but tighter US corn and soybean supplies from the USDA revisions gave agricultural markets support.
After 151 past bullish macro events, Corn moved a median +0.2% over 5 sessions (57% higher; middle half -0.9% to +1.4%), and -0.3% 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.