
Minutes from the January 2025 Federal Open Market Committee meeting showed officials unanimously held rates steady after 2024's cuts. Members said they wanted to see more progress on inflation and were concerned that Trump's tariffs could keep inflation elevated.
A slower path to rate cuts supports the dollar and raises borrowing costs for farm and feed operations, though the direct effect on feed commodity prices is limited.
After 4,478 past macro events, DXY moved a median +0.0% over 5 sessions (51% higher; middle half -0.4% to +0.5%), 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.