
In Tokyo trading on November 4, the dollar-yen pair fell from 158.74 to 157.40 as the Republicans were expected to lose their majority in both US chambers. The dollar was then bought back as the election results became clearer, and the Nikkei 225 closed down 893 yen.
The dollar moves reflect political and rate expectations rather than a change in agricultural supply or demand, so feed buyers see little direct price effect.
After 359 past neutral macro events, US Dollar (Broad) moved a median -0.0% over 5 sessions (49% higher; middle half -0.4% to +0.4%), and -0.1% over 20.
Not 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.