Premium building in wheat market supports corn prices
Staff WriterIowa Farmer Today
"Ongoing attacks on Russia's shipping infrastructure by Ukrainian drones have helped build some premium in the wheat market, supporting corn prices," Total Farm Marketing said. "The U.S. Dollar Index maintains its downward trend as the index posted a new daily low for this most recent move. The recent influx of liquidity into the system by the Federal Reserve continues to weaken the U.S. dollar, which should help support commodity prices."
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