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Gold dropped to a more than one-week low on Monday after a solid US jobs report and Fed remarks dashed hopes for early rate cuts. The dollar and bond yields rose in response.
A stronger dollar and higher yields pressure precious metals and only indirectly affect feed grain and meal prices.
After 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.