
The University of Michigan’s preliminary November survey showed year-ahead US inflation expectations easing to 4.3% from 4.7% and longer-run expectations falling to 3.4% from 3.5%. Interviews ended on November 2, before the US midterm election; consumer sentiment rose to 51.0 from 48.0.
The survey may inform expectations for US interest rates and the dollar, but it does not indicate a direct change in feed or agricultural commodity supply or demand.
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.