Articles tagged under: dollar
Commodity Markets Suffer a Total Collapse Thursday
Published June 18, 2021
Corn was limit down on the first six contracts listed, July 2021 through July 2022. For soybeans, it was only the fourth time in history that prices dropped over $1. Advance Trading Risk Management Advisor Tommy Grisafi says soybeans were…Traders Take Profits Going Into Holiday
Published January 15, 2021
Traders are unwinding spreads and taking profits going into the three-day MLK holiday with the markets closed Monday. Global Commodity Analytics and Consulting President Mike Zuzolo thinks traders will begin to focus on the U.S. economy. "We're past the USDA…Weak Dollar Spurs Demand
Published December 18, 2020
Global Commodity Analytics and Consulting President Mike Zuzolo thinks the weak dollar is spurring demand. "For weekly export sales, wheat was five percent above the four week average, corn was 40 percent above the four week average, sorghum above average…