> Actually, a lower dollar means we export more, making our corn & soybeans look like a good buy to other countries.
Exactly. Commodities have been going up because of dollar devaluation specifically the "quantitative easing" measure that we've been hearing about. No matter what the dollar is worth, commodities have a real value that does not change with currency values. The only exception to this is speculation driving the price creating an artificial bubble. So either we're in an across-the-board commodity bubble, or the federal reserve bank finally managed to devalue the dollar a bit (which is their goal right now). If commodity prices hold close to what they're at now for an extended period, the fed's move will be a success. If they drop back down to early 2010 prices, it will be a failure. I think it's mostly depends on if other countries attempt to devalue their own currencies to follow suit.
See this chart for a good idea of what's happened with commodities so far this year.
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Today's Featured Article - An Old-Time Tractor Demonstration - by Kim Pratt. Sam was born in rural Kansas in 1926. His dad was a hard-working farmer and the children worked hard everyday to help ends meet. In the rural area he grew up in, the highlight of the week was Saturday when many people took a break from their work to go to town. It was on one such Saturday in the early 1940's when Sam was 16 years old that he ended up in Dennison, Kansas to watch a demonstration of a new tractor being put on by a local dealer. It was an Allis-Chalmers tractor dealership,
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