US employers added 165,000 jobs in October, unemployment declined to 4.1%, and wages rose 0.4% month over month. Revisions added 84,000 jobs to the previous two months, and the dollar strengthened against the euro after the report.
A stronger dollar can make dollar-priced feed imports more expensive for buyers using other currencies, though no feed-commodity price impact is reported. Higher rates may also affect currency and financing conditions.
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.
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.