
The dollar rose for a fourth straight day on Friday after several Fed presidents, including Boston's Sue Collins, Chicago's Austan Goolsbee and San Francisco's Mary Daly, signaled a bias toward further rate hikes. BofA now expects a 25-basis-point Fed hike in January 2027, and the DXY hit a fresh 19-month high.
Hawkish Fed expectations and a stronger DXY tend to pressure US-priced agricultural commodities and raise the relative cost of US feed exports for overseas buyers.
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.
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.