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Not only has this pushed prices up further, but it has made commodities more volatile.
A rise in the dollar against other major currencies also made commodities less expensive.
Despite the fact that the Fed's comments hinted at a rate rise in December, the dollar weakened and made commodities cheaper for holders of other currencies.
The declining dollar has made commodities, which are priced in dollars, more attractive as investments, while tensions between Turks and Kurds over border violence in northern Iraq have helped keep oil prices rising.
Shares across the agribusiness sector traded lower as a stronger U.S. dollar made commodities more expensive for foreign buyers and encouraged some profit-taking after soybeans soared to nine-month highs following the USDA report.
Similar(53)
There are those who reject the notion that financial speculation has made commodity prices more volatile and even driven up prices in recent years.
Brazil's president, Dilma Rousseff, cautioned against low interest rates and easy lending by central banks that she said had made commodity markets volatile.
Here was a company which had a handful of clients and made commodity-type chips.
Even in death, though, Black people are made commodity.
A weak dollar makes commodities more attractive to foreign investors.
That can make commodities especially useful in making a portfolio less volatile.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com