The dollar rally on the FX market is hurting crops on the commodities market as importers express reluctance to purchase the crops due to the changing exchange rate. Wheat futures are dropping, thanks to the dollar rebound, while soybeans and corn are more affected by the recent drop in oil prices. Bloomberg reports on the crops in the commodities market:
``The dollar's rally will discourage importers' interest for
wheat as well as soybeans and corn,'' Takaki Shigemoto, analyst
at commodity broker Okachi & Co., said by phone from Tokyo.
