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Most base metals fell on March 17 while the dollar index dropped to its lowest since March 11 after the Fed held rates at zero. Copper and aluminum traded mixed, and short-term Treasury yields fell while long-term yields rose.
A weaker dollar supports dollar-priced commodities, but this metals wrap has no direct bearing on feed ingredients. It is routine price commentary.
news.metal.comSMMMar 17, 2021Not enough comparable past events yet for a historical read.
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.
