# Corn ends lower on strong dollar

> Corn futures fell on Wednesday as the US dollar extended gains against major currencies. USDA data showed US farmers had harvested 6 percent of soybeans and 8 percent of corn, and corn sales to China and other buyers continued. December corn closed at $3.68 a bushel after trading between $3.65 and $3.70.

- Date: 2020-09-23 · published 2020-09-23T12:00:00.000Z
- Category: macro · region US · magnitude low
- Page: https://feedsoft.ai/events/11767-corn-ends-lower-on-strong-dollar
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

A stronger dollar makes US corn less competitive in export markets and weighs on futures. Steady export sales provide some support, but the currency move dominated the session.

## Read by commodity

- DXY: bullish ▲
- CORN: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2022-04-01 | [Strong Dollar's Impact on Grain Exports](https://feedsoft.ai/events/42202-strong-dollar-s-impact-on-grain-exports.md) | +3.3% | +5.2% |
| CORN | 2024-04-18 | [US dollar gains after strong data, Fed comments on rate cuts](https://feedsoft.ai/events/12555-us-dollar-gains-after-strong-data-fed-comments-on-rate-cuts.md) | -0.4% | +4.0% |
| CORN | 2019-04-22 | [The dollar is too strong for U.S. companies](https://feedsoft.ai/events/59765-the-dollar-is-too-strong-for-u-s-companies.md) | -1.1% | +2.5% |
| CORN | 2025-01-14 | [Daily: US dollar: Stronger for longer? \| UBS Global](https://feedsoft.ai/events/26704-daily-us-dollar-stronger-for-longer-ubs-global.md) | +1.0% | +3.3% |
| CORN | 2016-06-16 | [Weak economy and strong dollar both matter](https://feedsoft.ai/events/9291-weak-economy-and-strong-dollar-both-matter.md) | -5.4% | -14.1% |
| DXY | 2021-03-30 | [Ringgit ends lower on firmer US dollar \| Malay Mail](https://feedsoft.ai/events/48386-ringgit-ends-lower-on-firmer-us-dollar-malay-mail.md) | -0.5% | -1.9% |
| DXY | 2026-08-28 | [Pound Slips on Stronger US Dollar](https://feedsoft.ai/events/18141-pound-slips-on-stronger-us-dollar.md) | -0.2% | +1.7% |
| DXY | 2022-04-01 | [Strong Dollar's Impact on Grain Exports](https://feedsoft.ai/events/42202-strong-dollar-s-impact-on-grain-exports.md) | +1.0% | +4.2% |

## Sources

- economies.com: https://www.economies.com/commodities/corn-news/corn-ends-lower-on-strong-dollar-35985

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