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S&P Global's quarterly State of the Market report says commodity prices across the metals and mining sector fell during the December 2024 quarter as the US dollar strengthened 7.2%. The report also notes stock market volatility from uncertainty over incoming US tariffs.
The report covers metals and mining rather than feed grains, so its direct relevance to feed prices is limited, though it reinforces that a strong dollar pressures commodity prices.
spglobal.comFeb 27, 2025After 139 past report events, US Dollar (Broad) moved a median -0.1% over 5 sessions (47% higher; middle half -0.5% 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.
