# Dollar's strength yet another snag for U.S.-China farm deal

> Analysts warn that a strong dollar and coronavirus-related disruption could make it harder for China to meet its $36.5 billion US farm purchase target under the phase one trade deal. The strong dollar also weakens the Brazilian real and Argentine peso, making rival exports cheaper.

- Date: 2020-03-05 · published 2020-03-05T12:00:00.000Z
- Category: trade · region China · magnitude medium
- Page: https://feedsoft.ai/events/54376-dollar-s-strength-yet-another-snag-for-u-s-china-farm-deal
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Corn](https://feedsoft.ai/c/CORN.md), [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md), [Brazilian Real (BRL per USD)](https://feedsoft.ai/c/USDBRL.md)

## Why it matters

A strong dollar makes US grain and soybeans less competitive against Brazilian and Argentine supplies, and doubts about China's purchases weigh on US soy, corn and meal demand expectations.

## Read by commodity

- DXY: bullish ▲
- SOY: bearish ▼
- CORN: bearish ▼
- USDBRL: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2025-08-25 | [Tariff escalations trigger another decline in US farm exports to China](https://feedsoft.ai/events/14640-tariff-escalations-trigger-another-decline-in-us-farm-exports-to-china.md) | +0.0% | -2.5% |
| SOY | 2018-11-12 | [U.S. soybean farmers hang on for dear life in Trump's China trade war](https://feedsoft.ai/events/62097-u-s-soybean-farmers-hang-on-for-dear-life-in-trump-s-china-trade-war.md) | +1.9% | +4.5% |
| SOY | 2018-06-15 | [U.S. farmers brace for impact of China trade war, soy at one-year low](https://feedsoft.ai/events/64566-u-s-farmers-brace-for-impact-of-china-trade-war-soy-at-one-year-low.md) | -5.0% | -12.2% |
| SOY | 2021-12-23 | [China to fall short on promises to U.S. as trade deal ends](https://feedsoft.ai/events/14969-china-to-fall-short-on-promises-to-u-s-as-trade-deal-ends.md) | -0.1% | +6.4% |
| SOY | 2019-08-05 | [U.S. farmers suffer 'body blow' as China slams door on farm purchases \| Reuters](https://feedsoft.ai/events/57442-u-s-farmers-suffer-body-blow-as-china-slams-door-on-farm-purchases-reuters.md) | +2.8% | +0.8% |
| CORN | 2025-08-25 | [Tariff escalations trigger another decline in US farm exports to China](https://feedsoft.ai/events/14640-tariff-escalations-trigger-another-decline-in-us-farm-exports-to-china.md) | +1.9% | +7.4% |
| CORN | 2021-08-01 | [China's farmers dump other crops for corn on bumper profit pull](https://feedsoft.ai/events/46088-china-s-farmers-dump-other-crops-for-corn-on-bumper-profit-pull.md) | +1.0% | +0.7% |
| CORN | 2026-06-01 | [Explainer: What do China's new US farm purchases mean for global trade?](https://feedsoft.ai/events/14575-explainer-what-do-china-s-new-us-farm-purchases-mean-for-global-trade.md) | -5.5% | -10.2% |

## Sources

- nationthailand.com: https://www.nationthailand.com/business/30383456

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