# Geopolitics helps maize market | 2020-01-24  | World Grain

> U.S. maize futures rose in recent weeks as a lower dollar, the U.S.-China trade agreement and firmer international demand supported prices. Speculative short covering further lifted CBOT values, according to the IGC and CEPM.

- Date: 2020-01-24 · published 2020-01-24T12:00:00.000Z
- Category: trade · region US · magnitude medium
- Page: https://feedsoft.ai/events/55093-geopolitics-helps-maize-market-2020-01-24-world-grain
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

A weaker dollar and improved export competitiveness support U.S. corn prices and feed grain costs for buyers.

## Read by commodity

- DXY: bearish ▼
- CORN: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2020-03-23 | [China purchases US grain \| 2020-03-23  \| World Grain](https://feedsoft.ai/events/54006-china-purchases-us-grain-2020-03-23-world-grain.md) | -0.8% | -5.0% |
| CORN | 2023-03-26 | [Daily Market Wire 27 March 2023 - Grain Central](https://feedsoft.ai/events/5084-daily-market-wire-27-march-2023-grain-central.md) | +1.6% | -0.0% |
| CORN | 2019-04-26 | [Grain market week in review - April 26, 2019](https://feedsoft.ai/events/10959-grain-market-week-in-review-april-26-2019.md) | +0.6% | +5.3% |
| CORN | 2019-03-12 | [Daily Market Wire 13 March 2019 - Grain Central](https://feedsoft.ai/events/10671-daily-market-wire-13-march-2019-grain-central.md) | +5.0% | -0.3% |
| CORN | 2018-08-24 | [China grain imports fall sharply \| 2018-08-24  \| World Grain](https://feedsoft.ai/events/63417-china-grain-imports-fall-sharply-2018-08-24-world-grain.md) | -0.9% | +0.4% |
| DXY | 2019-05-31 | [Forex Market: US tariffs on Mexico, US-China trade war in focus](https://feedsoft.ai/events/59301-forex-market-us-tariffs-on-mexico-us-china-trade-war-in-focus.md) | -0.4% | -1.5% |
| DXY | 2019-03-24 | [Grains trending off lows; China talks dragging on - Agweek \| #1 source for agriculture news, farming, markets](https://feedsoft.ai/events/9647-grains-trending-off-lows-china-talks-dragging-on-agweek-1-source-for.md) | +0.4% | +0.0% |
| DXY | 2019-01-31 | [FED Send US Dollar Sharply Lower But Stock Markets And Gold Price Higher](https://feedsoft.ai/events/61005-fed-send-us-dollar-sharply-lower-but-stock-markets-and-gold-price-higher.md) | +0.1% | +0.4% |

## Sources

- world-grain.com: https://www.world-grain.com/articles/13194-geopolitics-helps-maize-market

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