Market Perspective

Recently wheat markets have been trying to find a bottom along with the rest of the grain markets. The driving force behind the sell-off that began in December has been the rally in the U.S. Dollar which recently reached 11 year highs. Instability around the world and steady economic growth in the U.S. have combined to once again make the Dollar the standard for the rest of the world. As a result, commodities in general and grains in particular have felt the negative effects of a stronger U.S. Dollar. Investors continue to exit commodities or even establish short positions in anticipation of t...