Futures Trading and the Commodities Market

190917 Resource 133514 120646 120646 1196258690009 1196258690009 Controlled Crops Decline on Commodities Market

Dollar rally hurts wheat, soybeans and corn

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. <a href="http://www.bloomberg.com/apps/news?pid=20601012&sid=aQJYXDUmkYWU&refer=commodities" target="_blank" title="commodities, commodities market, dollar rally, FX market, oil prices, wheat futures, dollar rebound" style="font-family: verdana,arial,helvetica,sans-serif;">Bloomberg reports on the crops in the commodities market</a>: <div style="margin-left: 40px; font-style: italic; font-family: verdana,arial,helvetica,sans-serif;"> ``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.</div> 9 application/xml false commodities commodities market dollar rally dollar rebound futures trading FX market oil prices spread bets spread betting wheat futures Futures Trading and the Commodities Market Trade futures with GFT Global Markets http://www.gftfutures.com Spread Bets on the Commodities Market Spread betting on commodities and other financial instruments http://www.gftuk.com/land/index.asp?aid=53 Wheat futures are dropping, thanks to the dollar rebound, while soybeans and corn are more affected by the recent drop in oil prices. Mozilla/5.0 (Macintosh; U; PPC Mac OS X Mach-O; en-US; rv:1.8.1.10) Gecko/20071115 Firefox/2.0.0.10 127.0.0.1 127.0.0.1 mmarquit 66.182.71.18 false true false false true 133514 blog blogsite/GFTUK/web