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Monday, November 02, 2015

Commodities Screech to Halt As Dollar Hits 10-Week High - Corn - News | Agweb.com

Commodities Screech to Halt As Dollar Hits 10-Week High - Corn - News | Agweb.com: Nellinger expects the dollar to not only affect the grain markets, but all commodity markets. And the market shifts he’s referring to, he says they are pretty significant.

“It’s not small moves we’re not talking about,” Nellinger emphasizes. “We’re talking about massive swings in the course of three or four days.”

This scenario could possibly be the case for the next 45-60 days and could impact export markets he adds saying, “Unfortunately the outside markets and the dollar are a huge, huge influence.”