# Strong dollar punishes grain prices

> Corn futures slipped to new contract lows as traders focused on large global supplies rather than planting delays. The U.S. dollar hit four-month highs, and China bought more U.S. soybeans in March, though trade remains far from normal ahead of new talks.

- Date: 2019-04-25 · published 2019-04-25T12:00:00.000Z
- Category: macro · region US · magnitude medium
- Page: https://feedsoft.ai/events/7595-strong-dollar-punishes-grain-prices
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

A stronger dollar makes U.S. grain less competitive abroad and weighs on futures, which lowers feed ingredient costs for buyers. Slow China purchases limit soybean demand support.

## Read by commodity

- SOY: bearish ▼
- CORN: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2022-04-01 | [Strong Dollar's Impact on Grain Exports](https://feedsoft.ai/events/42202-strong-dollar-s-impact-on-grain-exports.md) | +3.3% | +5.2% |
| CORN | 2020-09-23 | [Corn ends lower on strong dollar](https://feedsoft.ai/events/11767-corn-ends-lower-on-strong-dollar.md) | -0.0% | +6.4% |
| CORN | 2019-04-22 | [The dollar is too strong for U.S. companies](https://feedsoft.ai/events/59765-the-dollar-is-too-strong-for-u-s-companies.md) | -1.1% | +2.5% |
| CORN | 2020-04-28 | [Dollar strength creates headwinds - Dakota Midland Grain](https://feedsoft.ai/events/53683-dollar-strength-creates-headwinds-dakota-midland-grain.md) | +1.5% | +1.6% |
| CORN | 2025-01-13 | [Dollar stays strong as doubts about Fed rate cuts grow](https://feedsoft.ai/events/26701-dollar-stays-strong-as-doubts-about-fed-rate-cuts-grow.md) | +1.7% | +1.8% |
| SOY | 2016-08-31 | [Strong dollar remains anchor on prices](https://feedsoft.ai/events/12399-strong-dollar-remains-anchor-on-prices.md) | +2.7% | -2.1% |
| SOY | 2022-04-01 | [Strong Dollar's Impact on Grain Exports](https://feedsoft.ai/events/42202-strong-dollar-s-impact-on-grain-exports.md) | +1.7% | +5.6% |
| SOY | 2019-04-22 | [The dollar is too strong for U.S. companies](https://feedsoft.ai/events/59765-the-dollar-is-too-strong-for-u-s-companies.md) | -3.0% | -6.7% |

## Sources

- farmprogress.com: https://www.farmprogress.com/marketing/strong-dollar-punishes-grain-prices

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