date:Aug 04, 2012
The dollar weakened after U.S. nonfarm payrolls reported Friday rose more than expected, sending traders into riskier assets such as commodities. A weaker dollar also usually benefits prices for U.S. agricultural commodities because it makes exports cheaper for foreign buyers.
The market is up on the dollar being in the tank, said Sid Love, an analyst with Kropf Love Consulting, an Overland Park, Kan., agricultural advisory firm. With interest rates low, people are desperately trying to get a