Dallas Fed President Lorie Logan said the Fed needs at least two quarter-point rate increases and may move faster this winter to address inflation. Her remarks reinforced expectations of tighter policy, and the dollar remained supported against several currencies.
Expectations for higher US rates tend to support the dollar, potentially making dollar-priced agricultural commodities more expensive for overseas buyers. The article provides no new direct supply or demand change for feed commodities.
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.
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.