date:May 24, 2016
ronger dollar tends to weigh on commodity prices by making them more expensive for buyers holding other currencies.
Soy prices could be choppy in the coming weeks until the market gets greater clarity on U.S. planting from the U.S. Department of Agricultures June 30 acreage report, Vogel said.
Investors are watching to see if U.S. farmers plant more soybeans than initially planned due to recent price gains, which could offset weather-related supply losses in South America.
CBOT wheat lost 1.1