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| I remember during the last commodity boom that the weak dollar was a large part of that price run up and the dollar being too strong to get a lot of exports during the 90s anf 2000s. Looking at the charts it definitely appears the dollar is the leading indicator of commodities. It also appears a little strengthening of the dollar drops prices faster than a weakening dollar brings prices up. The only good thing I see it appears the dollar can only beat down commodity so far. | |
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The #1 factor in soybean prices...
