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The Reserve Bank of Australia held its cash rate at 3.60% at its September meeting, sounding hawkish on inflation and consumer demand. The Aussie rose 0.5% to around $0.6606 and market odds of a November cut fell to about 40%.
A firmer Aussie and reduced rate-cut bets are a currency story with little direct effect on feed grain supply or demand; the AUD move is mainly relevant to Australian export competitiveness for grains and meal.
Not enough comparable past events yet for a historical read.
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.