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US employment rose by nearly three times the expected number of jobs in October, and unemployment fell to 4.1%; Canadian unemployment increased to 6.7%. The data strengthened expectations of a Federal Reserve rate hike in December and helped the US dollar gain, while currencies including the Canadian dollar and Australian dollar were pressured by falling commodity prices.
A stronger dollar can weigh on dollar-denominated feed commodity prices while increasing their cost in importing countries’ currencies. The article reports macroeconomic and currency shifts, not a direct change in feed supply or demand.
cherryplc.co.ukNov 9, 2026After 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.
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.
