Markets

Weak US dollar lifts wheat prices

Published April 17, 2025 Updated April 17, 2025 10:39am
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CANBERRA: Chicago wheat futures rose on Thursday, supported by a weak US dollar, although much-needed rains in the US wheat belt kept a lid on gains.

Soybeans also climbed after a Bloomberg report on Wednesday said that China would be open to trade negotiations with the United States, something that could revive US soy exports to China.

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Corn edged lower even as rain in the US Midwest slowed planting.