BALB - While Trade And The Dollar Continue To Weigh On Grain Prices They Recovered At The End Of September
A strong dollar and the ongoing trade war between the US and China have caused weakness in the leading grain futures market since 2018. Last week, the dollar index made a new high on the December futures contract. On the trade front, while negotiations between the US and China continue, there have been no significant breakthroughs.
Soybean, corn, and wheat supplies are abundant and at sufficient levels to meet global demand. However, the demand side of the fundamental equation for the agricultural products continues to grow with the worldwide population, which rises at a rate