# U.S. dollar impacts grain prices - Agweek | #1 source for agriculture news, farming, markets

> Treasury Secretary Mnuchin said a weaker dollar is good for U.S. trade at Davos, pushing the dollar lower. Grain markets rallied, with wheat rising about a dime as foreign buyers found U.S. commodities cheaper. Dry Plains weather also added support.

- Date: 2018-01-28 · published 2018-01-28T12:00:00.000Z
- Category: macro · region US · magnitude medium
- Page: https://feedsoft.ai/events/67028-u-s-dollar-impacts-grain-prices-agweek-1-source-for-agriculture-news-farming
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Soybeans](https://feedsoft.ai/c/SOY.md), [Corn](https://feedsoft.ai/c/CORN.md), [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

A weaker dollar lowers the cost of U.S. commodities for importers, supporting export demand and prices for grains and feed ingredients.

## Read by commodity

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

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2016-11-04 | [Farming News - Wheat Market Report: High Court ruling affects futures](https://feedsoft.ai/events/73888-farming-news-wheat-market-report-high-court-ruling-affects-futures.md) | +0.1% | +0.4% |
| WHEAT | 2025-09-16 | [U.S. grains: Corn, soy, wheat futures rise as dollar sags; crop yields eyed - Grainews](https://feedsoft.ai/events/6851-u-s-grains-corn-soy-wheat-futures-rise-as-dollar-sags-crop-yields-eyed-grainews.md) | +0.3% | +1.5% |
| WHEAT | 2023-03-17 | [As commodity prices slide, dairies brace for collapsing farmgate milk prices](https://feedsoft.ai/events/36864-as-commodity-prices-slide-dairies-brace-for-collapsing-farmgate-milk-prices.md) | -3.7% | -6.8% |
| WHEAT | 2019-12-27 | [Fluctuations in sterling affecting grain prices \| The Scottish Farmer](https://feedsoft.ai/events/55651-fluctuations-in-sterling-affecting-grain-prices-the-scottish-farmer.md) | +0.2% | +2.3% |
| WHEAT | 2026-03-04 | [FAO Food Price Index rises in March as Near East conflict raises energy costs](https://feedsoft.ai/events/12573-fao-food-price-index-rises-in-march-as-near-east-conflict-raises-energy-costs.md) | +1.0% | +2.1% |
| SOY | 2017-09-08 | [Who owns all the grain? — This week in the grain market - RealAgriculture](https://feedsoft.ai/events/69006-who-owns-all-the-grain-this-week-in-the-grain-market-realagriculture.md) | +0.4% | +0.5% |
| SOY | 2018-01-25 | [Dollar falls as market fears impact of Trump's US-centric stance - Nikkei Asia](https://feedsoft.ai/events/67210-dollar-falls-as-market-fears-impact-of-trump-s-us-centric-stance-nikkei-asia.md) | +0.4% | +4.0% |
| SOY | 2021-06-10 | [In the eye of the storm: How the oilseeds market emerged as the global driver of agriculture markets, its role in wider food price inflation - Fastmarkets](https://feedsoft.ai/events/46619-in-the-eye-of-the-storm-how-the-oilseeds-market-emerged-as-the-global-driver-of.md) | -7.3% | -11.0% |

## Sources

- agweek.com: https://www.agweek.com/opinion/u-s-dollar-impacts-grain-prices

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