Nov. 21 at 4:20 PM
On a brighter note - commodities are generally down over the past month: Cattle, pork, cheese, coffee, cocoa
A firmer USD has likely contributed, given the fairly consistent inverse correlation b/n dollar strength & commodity prices. Livestock & dairy are easing, softs are retreating, while wheat is an outlier, firming on supply concerns.
With China demand softening, stronger dollar may keep pressure on agri-markets — unless weather, interest rates or geopolitics intervene.
$PBJ $MCD $DPZ $MDLZ $KHC