• Season 4, Ep. 6 – U.S. Dollar: Why does currency matter in agricultural trade?

  • Jul 22 2024
  • Length: 21 mins
  • Podcast

Season 4, Ep. 6 – U.S. Dollar: Why does currency matter in agricultural trade?

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  • Summary

  • The U.S. Dollar. The Brazilian Deal. The Chinese Yuan. The U.S. Dollar is often referred to in commodity trading, but why? What impact does it have on major commodities? About 65% - 75% of all price settlements and merchandise trade invoices have been settled in U.S. dollars, according to Mike Zuzolo of Global Commodity Analytics. Plus, farmers get caught up in day-to-day operations, but it’s often headlines off the farm, and even off the continent, that impact your risk management plan. Today on Grain IQ, Mike Zuzolo of Global Commodity Analytics breaks down currency and why it matters.
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