The U.S. dollar made a three-year high this week which has made it an anchor on the demand side of grain markets, said Don Roose of U.S. Commodities.
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Strong dollar weighs on crop demand
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The peak risk management period is behind farmers with crops now in the ground, and while there are dry spots in places, condition rates are lofty.
The seasonals are turning more negative currently, according to Don Roose at U.S. Commodities.
News from the United States-China talks could be a “game changer,” said Don Roose at U.S. Commodities.
