The U.S. dollar index rose about 0.8% on Friday and finished the week higher after October payroll growth significantly beat expectations and unemployment edged down to 4.1%. The report strengthened expectations of a Federal Reserve rate hike in December, while the yen weakened to around 158.4 per dollar and the euro recorded a third consecutive weekly decline.
A firmer dollar can raise the local-currency cost of dollar-priced feed ingredients for importers. No specific change in agricultural supply or demand is reported, so the commodity-price effect is indirect.
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.
Not enough comparable past events yet for a historical read.
After 533 past bearish macro events, Euro (USD per EUR) moved a median -0.3% over 5 sessions (33% higher; middle half -1.2% to +0.2%), and -0.5% 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.