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The US Dollar Index rose more than 3% after the Fed's September hike but has not made a new high since October 14. Traders are pricing about three more hikes, and the Euro makes up 57.6% of the index.
Dollar direction affects dollar-priced grain and oilseed contracts, and with the index now driven mainly by European news, its pull on feed commodities is uncertain.
After 359 past neutral macro events, US Dollar (Broad) moved a median -0.0% over 5 sessions (49% higher; middle half -0.4% to +0.4%), and -0.1% 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.