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US stocks opened sharply higher after Trump's election win, while Treasury yields spiked and the dollar rallied against major currencies. Analysts expect higher domestic inflation under Trump to mean fewer Fed rate cuts.
Expectations of higher US rates and a stronger dollar tend to weigh on dollar-priced commodities, including feed grains and meals, and raise the cost of borrowing for farmers and feed processors.
cnn.comHanna ZiadyNov 6, 2024After 2,356 past bullish macro events, US Dollar (Broad) moved a median +0.2% over 5 sessions (60% higher; middle half -0.3% to +0.7%), and +0.4% 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.
