
The Canadian dollar reached a near three-month high against the US dollar after mixed US jobs data. The move supports the view that the Bank of Canada and Federal Reserve could diverge on policy next year.
Currency moves driven by rate expectations have limited direct effect on feed supply or demand, so the impact on feed-ingredient prices is small.
Not enough comparable past events yet for a historical read.
After 1,637 past bearish macro events, US Dollar (Broad) moved a median -0.2% over 5 sessions (39% higher; middle half -0.6% to +0.3%), and -0.2% 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.