
German retail sales fell 2.0% month-on-month in September, against an expected rise of 0.4%. August was revised to a 1.2% gain.
The EUR/USD pair moved up about 0.27% after the release, and analysts said the data had little impact on the euro.
Weaker German consumer spending points to softer European demand for meat and processed food, which can weigh on feed demand at the margin. The data has little direct effect on feed prices.
After 54 past report events, Euro (USD per EUR) moved a median +0.1% over 5 sessions (59% higher; middle half -0.4% to +0.8%), and +0.1% 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.