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The US dollar index held near two-week highs around 102.50 after three days of gains ahead of the Fed decision. Markets expected the federal funds rate to stay at 3.75%-4%, and the 10-year yield remained above 5%.
A firmer dollar and higher yields pressure dollar-priced commodities and raise carrying costs for feed inventories.
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.