
The dollar had its best week in over two months, rising about 1.2%. Back-to-back US inflation reports spooked Treasury investors, and a Fed official said the US has an inflation problem.
Markets increased their bets on Fed rate hikes over the next year.
Stronger expectations for Fed hikes lift the dollar and can weigh on US-priced grains and oilseeds, while tighter financing conditions can slow demand for feed commodities.
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.