# Wheat, corn up on dollar, weather concerns - Brownfield Ag News

> Wheat and corn rose on a weaker dollar, short covering and technical buying, with rain and flooding reported in the US Plains and drier conditions expected for Brazil's second corn crop. USDA data showed 13% of US corn planted versus 8% five-year average, and 57% of winter wheat rated good to excellent.

- Date: 2016-04-18 · published 2016-04-18T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/10296-wheat-corn-up-on-dollar-weather-concerns-brownfield-ag-news
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Wheat (HRW)](https://feedsoft.ai/c/KWHEAT.md), [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

A weaker dollar and dry Brazilian safrinha conditions could limit Brazil's corn exports, supporting corn and feed grain prices, while wheat remains fundamentally bearish.

## Read by commodity

- DXY: bearish ▼
- CORN: bullish ▲
- WHEAT: bullish ▲
- KWHEAT: bullish ▲

## Sources

- brownfieldagnews.com: https://brownfieldagnews.com/blog/market-news/wheat-corn-dollar-weather-concerns/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.