U.S. soybean futures soared by two per cent on Wednesday while corn and wheat closed higher, rallying along with crude oil CLc1 and equity markets after U.S. President Donald Trump said he would pause the tariff increases he announced last week for most countries, even as he raised them on China.
U.S. grains: Soy surges; corn, wheat rally after Trump pauses most tariffs
How are U.S. tariffs affecting American agricultural trade so far?
“Irreplaceable” market China has already decreased reliance on American soy, corn
New deals could be struck with over tariffs “perhaps even by the end of the week,” U.S. Agriculture Secretary Brooke Rollins told Fox News on Tuesday as the country’s self-made trade war threatened markets for American farm goods.
U.S. grains: Chicago soybeans climb on recovery after tariff news
Chicago soybean futures rose on Tuesday, bouncing back from a four-month low on technical trading, while corn and soy futures also firmed as traders turned their attention toward a U.S. Department of Agriculture data release and weather concerns, analysts said.
U.S. grains: Chicago soybeans and corn end higher after seesaw trading
Chicago corn and soybeans settled up after whipsawing back and forth on Monday, fueled by tariff news and weather risks, according to analysts.
U.S. grains: ‘Out of the ball game’: US soy futures sink after top-buyer China hikes tariffs
U.S. soybean futures sank 3.4 per cent on Friday to their lowest this year, after top importer China said it would impose additional tariffs of 34 per cent on all American goods in retaliation against duties announced by President Donald Trump.
China retaliation on US farm goods hits soybeans, bolstering Brazil
China's retaliation on Friday against new U.S. tariffs is poised to accelerate Beijing's move towards alternative suppliers for agriculture goods including Brazil, a shift that began during the trade war of President Donald Trump's first term.
U.S. grains: Soybean futures fall on fears of tariff retaliation
Board of Trade soybean futures slid on Thursday amid concerns that new U.S. tariffs could trigger retaliatory measures against American exports, analysts said.
CBOT Weekly: Soy takes hardest hit with Trump tariffs
Biodiesel plan boosted Chicago soy
The day after the so-called 'Liberation Day' the Chicago Board of Trade was experiencing a mixed reaction, said broker Ryan Ettner of Allendale Inc. in McHenry, Ill.
U.S. grains: Soy, corn, wheat futures drop on fears US tariffs will hurt demand
Chicago Board of Trade grain and soybean futures fell on Wednesday as traders worried that U.S. farm exports will suffer from new tariffs that President Donald Trump is expected to implement.
U.S. grains: Chicago soybeans rise on biofuel coalition meeting with EPA
Chicago soybean futures rose on Tuesday ahead of a meeting between a coalition of oil and biofuel groups and the U.S. Environmental Protection Agency to discuss raising federal mandates for biomass diesel blending.