Weak dollar helping boost commodity prices

This past week’s Fed meeting and comments from Chairman Powell hinted at continued low-interest rates and a dovish stance to help the economy regain its footing in the current COVID-19 environment. Historically low-interest rates have already made an impact on the economy via a [...]

Sugar deliveries declined during spring

With delivery data for two months under COVID-19, March and April, USDA lowered 2019/20 sugar deliveries for food use by 75,000 STRV in the June WASDE. After huge April imports because of the quota increases, USDA is placing YTD deliveries for food use by [...]

Dollar’s rise during stay-at-home orders

Given its spread across borders, the COVID-19 global pandemic could be described as an equalizing force, at least from an economic perspective. Yet, considering its influence on foreign exchange rates, the pandemic’s economic impact has not been shared equally. The U.S. dollar index, a [...]