With global trade in something of a chaotic mess due to the Trump administration threatening to impose tariffs and placing levies on China, the futures for soybeans, corn and wheat are very difficult to determine said Terry Reilly, senior agricultural specialist for Marex. Added to that, he suggested there could be a few surprises in the February supply and demand report from the United States Department of Agriculture.
Wheat
CBOT Weekly: Hard to determine where markets could go
Tariffs issues clouding pathways
U.S. Grains: Soybeans climb to highest since July as tariff worries ease
Chicago Board of Trade soybean futures jumped to their highest level since July on Tuesday as concerns eased that trade disputes will disrupt U.S. agricultural exports, analysts said.
U.S. grains: Corn, wheat, soy rally on delay to Mexican tariffs
Chicago corn, wheat and soybean futures jumped on Monday, rallying from early declines, as U.S. President Donald Trump announced tariffs threatened on Mexican goods would be paused for a month.
U.S. grains: Corn, wheat down; soyoil rallies amid Trump tariff news
U.S. corn and wheat futures fell on Friday on month-end positioning while soybeans traded nearly flat and soybean oil jumped more than two per cent in volatile trade amid ongoing uncertainty around U.S. President Donald Trump's plans for tariffs.
India faces warmer February, winter crops at risk
India is set to see above-average temperatures in February after a warmer than normal January, the weather office said on Friday, posing a risk to key winter-sown crops such as wheat, rapeseed and chickpeas.
Facing Trump tariffs on piglets and crops, Canadian farmers revise sales plans
Canadian farmers are renegotiating livestock contracts with U.S. buyers and finding local markets for crops they previously planned to sell south of the border to minimize the economic hit from potential new U.S. tariffs.
U.S. grains: Corn and soy retreat on profit-taking, US tariff fears
Chicago Board of Trade corn and soy futures fell on Thursday as traders booked profits following recent rallies and ahead of the weekend, when U.S. President Donald Trump says he will impose tariffs on imports from Canada and Mexico, traders said.
Feed Grains Weekly: Tariffs ‘an unknown situation’ says broker
Barley, wheat prices largely unchanged
Movement in feed grain prices remained largely at a standstill across Western Canada due to the looming threat of tariffs by the Trump administration, said Susanne Leclerc of Market Master Ltd. in Edmonton.
U.S. grains: Corn futures hit over one-year high on Argentine weather worries
Chicago grain futures surged on Wednesday as underwhelming rainfall and forecasts for hot, dry weather in Argentina's parched corn and soy belt lifted prices, traders said.
Steel tariffs could make North American corn more costly
St. Lawrence could see increased freight rates for grains and oilseeds
If President Trump puts tariffs on steel, this will increase freight rates for grains and oilseeds out of the St. Lawrence due to lower vessel traffic.