Insights and Stories on U.S. Dollar

Jul. 24, 2020 at 6:28 pm CDT

Chicago | Reuters — Chicago soybeans softened on Friday as optimism over Chinese buying in the United States was tempered by political tensions between the two economic heavyweights. Corn ended lower on strong crop conditions, while wheat rose on hopes of new U.S. export sales with the dollar remaining low. […]

By Christopher Walljasper

Jul. 15, 2020 at 6:15 pm CDT

MarketsFarm — As the Canadian dollar pushes higher, canola prices could drop to the low end of its support or further, according to Errol Anderson of ProMarket Communications in Calgary. The loonie closed Wednesday at 73.89 U.S. cents, after stepping above 74 U.S. cents a number of times during trading. […]

By Glen Hallick - MarketsFarm

Jun. 5, 2020 at 5:52 pm CDT

Chicago | Reuters — U.S. wheat futures fell on Friday, pressured by a firmer dollar, which makes U.S. grains less competitive globally, and expectations of a busy harvest weekend in the breadbasket of the U.S. Plains, analysts said. Soybeans closed steady to higher and posted a weekly rise of about […]

By Julie Ingwersen

May. 21, 2020 at 2:57 am CDT

MarketsFarm — Crop commodity values on the Chicago Board of Trade (CBOT) have largely stabilized as COVID-19 restrictions are relaxed in several U.S. states. “We’ve been playing this virus for a few months now,” said Scott Capinegro of Barrington Commodities in Barrington, Ill. COVID-19-related lockdown measures decimated demand for ethanol, […]

By Marlo Glass – MarketsFarm

Mar. 25, 2020 at 7:21 pm CDT

MarketsFarm — U.S. wheat futures have climbed higher over the past week, with the largest gains in Chicago Board of Trade soft wheat, as global uncertainty over the COVID-19 pandemic provided some support. However, that uncertainty could also makes predicting market trends rather difficult, according to an analyst. “All of […]

By Phil Franz-Warkentin