# Wheat Rallies as Dollar Index Falls - IBest Media

> Wheat rallied across Chicago SRW, Kansas HRW and Minneapolis spring wheat as the US dollar index fell 1.443 points. Weekly US wheat export inspections totaled 261,786 MT, down 12.5% week on week but up 23.83% year to date. The European Commission cut its EU wheat export estimate to 11.74 MMT, down 6.75 MMT from last year.

- Date: 2025-01-22 · published 2025-01-22T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/9939-wheat-rallies-as-dollar-index-falls-ibest-media
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

A weaker dollar and lower EU export supplies support wheat prices, while steady US export demand and Japanese tenders reinforce demand for US and other origin wheat.

## Read by commodity

- DXY: bearish ▼
- WHEAT: bullish ▲

## Sources

- ibestmedia.com: https://www.ibestmedia.com/post/60933.html

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