# Better Markets to Close the Week

> Corn and soybeans were posting back-to-back lower weekly closes as trade entered a consolidative period before harvest, with December corn slightly higher early on August 31. A softer US dollar index at about 94.68 and rising crude oil supported commodities broadly.

- Date: 2018-08-31 · published 2018-08-31T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/63560-better-markets-to-close-the-week
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

Harvest-period pressure and a weaker dollar leave corn and soybean prices mixed, with a firmer dollar being the main risk for export competitiveness.

## Read by commodity

- DXY: bearish ▼
- SOY: neutral
- CORN: neutral
- WHEAT: neutral

## Sources

- dtnpf.com: https://www.dtnpf.com/agriculture/web/ag/news/article/2018/08/31/better-markets-close-week

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