The dollar rose to its highest level since April 2025 against a basket of currencies, with the DXY hitting an 18-month high near 102.00. Support came from expectations of further Fed rate hikes after firm labour data and a higher revision to second-quarter growth, despite softer inflation readings.
A stronger dollar raises the cost of US feed commodities for foreign buyers and tends to pressure dollar-priced grain and meal prices.
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.