# Trade, Currency, and Weather Prompt a Rally

> U.S. Wheat Associates reviewed the drivers of a wheat rally from January 1 to February 19, 2025, when KC wheat futures rose 11%, CBOT 8% and MGEX 7%. Factors cited were weather risks, a dollar index that peaked at 109.9 in January, and trade policy uncertainty.

- Date: 2025-02-26 · published 2025-02-26T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/26087-trade-currency-and-weather-prompt-a-rally
- Commodities: [Wheat (HRW)](https://feedsoft.ai/c/KWHEAT.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

A stronger dollar and tariff uncertainty weigh on US export competitiveness, while weather risk supports wheat prices. Feed buyers face higher wheat costs as an alternative to corn.

## Read by commodity

- DXY: bullish ▲
- WHEAT: bullish ▲
- KWHEAT: bullish ▲

## Sources

- uswheat.org: https://uswheat.org/wheatletter/key-market-movers-trade-currency-and-weather-prompt-a-rally/

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