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    Home > Food News > Food Articles > Romanian analysts see rising dollar to boost Gauro wheat, corn prices

    Romanian analysts see rising dollar to boost Gauro wheat, corn prices

    • Last Update: 2022-08-19
    • Source: Internet
    • Author: User
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    Adrian Codirlaşu, CFA vice-president of the Romanian Institute of Financial Analysts, said that the upward pressure on the dollar against the euro will remain unchanged for at least the next few day.
    Since the futures trading prices of most commodities such as steel, copper, iron, wheat, and corn are denominated in US dollars, and only the prices of carbon certificates and natural gas are pegged to the euro, a strong dollar will lead to an increase in the trading of commodities such as wheat and corn, and farmers and farmers The profitability of enterprises is expected to increase, but 25%-30% of Romania's imported products, especially energy products, will be more expensive, and the prices of wheat and corn in Romania will also ris.
    aşuş wheat corn price
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