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Bond yields have risen as investors scale back expectations for US rate cuts ahead of a Fed meeting. The dollar index is up 2.3% so far this year, at a one-month high.
Higher US yields and a firmer dollar tend to pressure dollar-priced grains, oilseeds and meals, and they raise the cost of carrying feed inventories.
reuters.comSaqib Iqbal AhmedJan 24, 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.
