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Live Updates  >  Live Update Details

2025-09-16 21:08:34

Agricultural product bulls rejoice, while the US dollar comes under pressure, aligning with trade optimism. (1) Chicago wheat, corn, and soybean futures generally rose on Tuesday. Wheat futures rose for the fourth consecutive trading day, reclaiming the contract low reached last week. Export inspection data released by the US Department of Agriculture on Monday showed that US wheat export inspections reached 755,073 tons last week, far exceeding market expectations. Asian flour traders are increasing imports of US wheat due to competitive pricing from US suppliers and shipping delays in the Black Sea region. Furthermore, Russia, the world's largest wheat exporter, will significantly increase wheat export tariffs effective September 17, further boosting the prospects for competitive suppliers. (2) With the Federal Reserve expected to initiate a cycle of interest rate cuts, the US dollar index fell to a two-month low, maintaining the competitiveness of US agricultural exports. Institutional analysts point out that investors are optimistic about the upcoming Fed policy decision. If the central bank sends a dovish signal, it could further weaken the US dollar and support agricultural futures. On the same day, corn futures on the Chicago Board of Trade rose 0.8% to $4.26-3/4 per bushel, and soybean futures rose 0.7% to $10.49-3/4 per bushel. ⑶ Corn prices remained strong during a record-breaking U.S. harvest season, thanks to strong export demand. Doubts about U.S. production expectations also provided some support. The latest U.S. Department of Agriculture data showed that corn and soybean crop ratings have declined. Analysts believe that the market may remain consolidated in the next few days and may return to recent lows if no agreement is reached. The U.S. Department of Agriculture is working with Congress to assess whether financial assistance is needed for farmers.

Real-Time Popular Commodities

Instrument Current Price Change

XAU

3657.11

12.84

(0.35%)

XAG

42.221

0.428

(1.02%)

CONC

62.78

-0.48

(-0.76%)

OILC

67.07

-0.39

(-0.58%)

USD

97.529

0.173

(0.18%)

EURUSD

1.1765

-0.0020

(-0.17%)

GBPUSD

1.3504

-0.0050

(-0.37%)

USDCNH

7.1130

0.0064

(0.09%)

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