# The dollar weighs on Chicago wheat prices

> Chicago grain and soy futures closed lower on Thursday, reversing the rebound after the USDA monthly report on Tuesday. The dollar strengthened to its highest level since April 2025, and December SRW wheat fell 15.25 cents to $5.84 per bushel, December corn fell 5.5 cents to $4.42, and January soybeans fell 11.75 cents to $12.19.

- Date: 2026-11-13 · published 2026-11-13T09:05:39.307Z
- Category: macro · region US · magnitude medium
- Page: https://feedsoft.ai/events/97449-the-dollar-weighs-on-chicago-wheat-prices
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md), [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

A stronger dollar makes US grain less competitive in export markets and pressures futures, while the recent crude oil drop also weighs on corn and soybeans. Feed buyers should expect softer prices unless export demand or the Fed outlook shifts.

## Read by commodity

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

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2024-11-14 | [Rising dollar and rain forecasts weigh on US wheat](https://feedsoft.ai/events/27444-rising-dollar-and-rain-forecasts-weigh-on-us-wheat.md) | -0.5% | +0.2% |
| WHEAT | 2026-10-27 | [Wheat Prices Slip As A Stronger Dollar Tests Exports - Finimize](https://feedsoft.ai/events/455-wheat-prices-slip-as-a-stronger-dollar-tests-exports-finimize.md) | -0.2% | — |
| WHEAT | 2016-10-24 | [Wheat prices sink nearly three percent](https://feedsoft.ai/events/10539-wheat-prices-sink-nearly-three-percent.md) | -2.0% | -0.5% |
| WHEAT | 2018-05-07 | [Wheat drops 3% as dollar hits 2018 peak](https://feedsoft.ai/events/7882-wheat-drops-3-as-dollar-hits-2018-peak.md) | -4.2% | -1.0% |
| WHEAT | 2022-09-28 | [Why is the US dollar so strong, and what does it mean?](https://feedsoft.ai/events/10320-why-is-the-us-dollar-so-strong-and-what-does-it-mean.md) | +1.3% | -10.3% |
| CORN | 2024-05-16 | [Dollar rebounds on high US import prices \| Reuters](https://feedsoft.ai/events/30142-dollar-rebounds-on-high-us-import-prices-reuters.md) | +0.1% | +4.6% |
| CORN | 2019-04-25 | [Strong dollar punishes grain prices](https://feedsoft.ai/events/7595-strong-dollar-punishes-grain-prices.md) | +0.4% | +6.2% |
| CORN | 2022-04-28 | [Poor Chinese hog margins to weigh on feed grain price outlook \| The Land \| NSW](https://feedsoft.ai/events/41839-poor-chinese-hog-margins-to-weigh-on-feed-grain-price-outlook-the-land-nsw.md) | -7.5% | -2.6% |

## Sources

- terre-net.fr: https://www.terre-net.fr/prix-des-cereales/article/906005/la-fermete-du-dollar-fait-plier-le-ble-a-chicago

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