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2025-09-16 23:11:27
Grain Prices Rise, Boosted by a Weaker Dollar: A weaker dollar and the likelihood of a Federal Reserve rate cut tomorrow are boosting grain futures on the Chicago Board of Trade. "I think it's optimism about rate cuts and a lower dollar," said Phil Flynn of Price Futures Group. He added that other factors include lower yields due to weather in U.S. growing regions and the possibility of a trade deal with China, hinted at by President Trump on his Truth Social account this week. Corn futures on the Chicago Board of Trade led the gains, rising 1.4%; wheat futures rose 1.3%, and soybean futures rose 0.5%. Meanwhile, the U.S. dollar index fell 0.6%.
