# Animal protein sector adapts to the latest global crisis | MEAT+POULTRY

> CoBank's quarterly update says the Ukraine-Russia war mainly affects grain and energy markets, while global trade should keep growing. It expects the Federal Reserve to raise rates by 250 basis points in 2022, possibly more. CoBank also expects inflation and commodity prices to ease by summer.

- Date: 2022-04-22 · published 2022-04-22T12:00:00.000Z
- Category: macro · region US · magnitude low
- Page: https://feedsoft.ai/events/42010-animal-protein-sector-adapts-to-the-latest-global-crisis-meat-poultry
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

Expected Fed tightening tends to strengthen the US dollar and can weigh on commodity prices, which matters for feed input costs and export competitiveness.

## Read by commodity

- DXY: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2018-05-29 | [Italy Crisis Pounds EUR, More To Come \| Seeking Alpha](https://feedsoft.ai/events/65220-italy-crisis-pounds-eur-more-to-come-seeking-alpha.md) | +0.2% | +1.5% |
| DXY | 2023-09-27 | [Why the pound is in freefall – and what it means for Sunak](https://feedsoft.ai/events/34357-why-the-pound-is-in-freefall-and-what-it-means-for-sunak.md) | +1.1% | +1.1% |
| DXY | 2019-05-10 | [The U.S. Dollar Is Suggesting Global Rates Will Continue To Fall \| Investing.com](https://feedsoft.ai/events/59255-the-u-s-dollar-is-suggesting-global-rates-will-continue-to-fall-investing-com.md) | +0.2% | -0.1% |
| DXY | 2021-07-15 | [The loonie is sinking fast – and the Fed is to blame - The Globe and Mail](https://feedsoft.ai/events/46277-the-loonie-is-sinking-fast-and-the-fed-is-to-blame-the-globe-and-mail.md) | +0.5% | +0.4% |
| DXY | 2024-12-19 | [Australia hit by $50b bomb in global panic \| news.com.au — Australia’s leading news site for latest headlines](https://feedsoft.ai/events/27218-australia-hit-by-50b-bomb-in-global-panic-news-com-au-australia-s-leading-news.md) | +0.5% | +1.4% |

## Sources

- meatpoultry.com: https://www.meatpoultry.com/articles/26520-animal-protein-sector-adapts-to-the-latest-global-crisis

---
Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.