Strong dollar effect varies by commodity

Strong dollar effect varies by commodity

IN 2015, the trade-weighted U.S. Dollar Index finished the year 9% higher, but when it comes to how a "stronger dollar" affects commodities, the magnitude can vary, according to economists.

David Widmar, agricultural economist and researcher with the Center for Commercial Agriculture at Purdue University, said from 2012 to 2015, the index has increased as little as 3% for soybeans to as much as 25% for pork (Table).


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