Let?s talk about markets – as the President is in Europe, getting a good reception at an economic summit and talking about the U.S. dollar. President Trump wants the U.S. dollar to be higher, but agricultural interests that export favor a cheaper dollar so our country is more competitive with other nations.
The dollar has dropped to 3-year lows and the euro has strengthened.
I spoke with a commodity analyst who doesn?t think the dollar is a primary mover of grain prices. He is more concerned about supply, demand and prospects for mother nature to reset the table in the year ahead.
CHS analyst bullish on beans, bearish on corn
