# Weak economy and strong dollar both matter

> Cash fed cattle sold at $125 and feeder cattle futures were testing a possible double bottom near contract lows. The Federal Reserve shifted from hawkish to dovish, and a strong US dollar was weighing on all markets, including corn.

- Date: 2016-06-16 · published 2016-06-16T12:00:00.000Z
- Category: macro · region US · magnitude medium
- Page: https://feedsoft.ai/events/9291-weak-economy-and-strong-dollar-both-matter
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md), [Corn](https://feedsoft.ai/c/CORN.md), [Feeder Cattle](https://feedsoft.ai/c/FCATTLE.md)

## Why it matters

A stronger dollar makes US exports less competitive and pressures corn and other feed grain prices, while the dovish Fed signal adds uncertainty for cattle demand.

## Read by commodity

- DXY: bullish ▲
- CORN: bearish ▼
- FCATTLE: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2024-03-05 | [Strong U.S. economy sends dollar bears into hibernation](https://feedsoft.ai/events/31395-strong-u-s-economy-sends-dollar-bears-into-hibernation.md) | -0.7% | +0.5% |
| DXY | 2024-04-18 | [How the strong U.S. dollar is rippling through the world economy](https://feedsoft.ai/events/12559-how-the-strong-u-s-dollar-is-rippling-through-the-world-economy.md) | -0.1% | -1.4% |
| DXY | 2023-02-02 | [Oil slumps on economic data, stronger U.S. dollar](https://feedsoft.ai/events/37234-oil-slumps-on-economic-data-stronger-u-s-dollar.md) | +1.3% | +2.1% |
| DXY | 2022-09-28 | [Why is the US dollar so strong, and what does it mean?](https://feedsoft.ai/events/10320-why-is-the-us-dollar-so-strong-and-what-does-it-mean.md) | -1.8% | -1.5% |
| DXY | 2022-07-01 | [Why has the dollar been so strong – and can it continue?](https://feedsoft.ai/events/40856-why-has-the-dollar-been-so-strong-and-can-it-continue.md) | +1.2% | +0.7% |
| CORN | 2024-04-18 | [How the strong U.S. dollar is rippling through the world economy](https://feedsoft.ai/events/12559-how-the-strong-u-s-dollar-is-rippling-through-the-world-economy.md) | -0.4% | +4.0% |
| CORN | 2022-09-28 | [Why is the US dollar so strong, and what does it mean?](https://feedsoft.ai/events/10320-why-is-the-us-dollar-so-strong-and-what-does-it-mean.md) | +1.9% | +4.4% |
| CORN | 2020-09-23 | [Corn ends lower on strong dollar](https://feedsoft.ai/events/11767-corn-ends-lower-on-strong-dollar.md) | -0.0% | +6.4% |

## Sources

- farmprogress.com: https://www.farmprogress.com/commentary/weak-economy-and-strong-dollar-both-matter

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.