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Euro zone GDP grew 0.2% in the third quarter, ahead of the 0.1% consensus, according to Eurostat flash data. Spain grew 0.6% and France 0.5%, while Germany and Italy stalled.
The euro rose about 0.16% to $1.1618 on the release.
Stronger-than-expected growth reduces pressure on the ECB to cut rates, which supports the euro and affects the dollar cost of imported feed ingredients.
After 388 past bullish macro events, Euro (USD per EUR) moved a median +0.3% over 5 sessions (62% higher; middle half -0.4% to +1.1%), 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.