Weather and soil conditions have taken some of the focus off of tariffs at the Chicago Board of Trade during the week ended March 19, 2025.

CBOT Weekly: Weather takes some attention off of tariffs
Forecasts, soil conditions affect prices

U.S. grains: Chicago grains down on U.S.-Russia call, planting intentions
Chicago wheat futures traded both sides of unchanged on Tuesday, holding near a March high underpinned by concerns over U.S. crop conditions. Traders also awaited the outcome of a call between the leaders of the U.S. and Russia over the war in Ukraine.

With beer drinking down in U.S., barley farmers now fear tariffs
Tariffs could hurt U.S. barley exports to Mexico, Canada
Reciprocal tariffs from Canada and Mexico may raise costs and limit export opportunities for U.S. barley growers, at a time when beer demand is also falling.

Feed grains weekly: Looming tariffs scaring away demand
Feed market is ‘wait and see’ says broker
Ongoing tariff uncertainty continues to curtail demand in the feed sector across the Canadian Prairies, said broker Evan Peterson of JGL Commodities in Saskatoon.

U.S. wheat sees most notable changes in March S/D report
No change was the central theme to the March supply and demand report from the United States Department of Agriculture issued on March 11. In most categories of the World Agricultural Supply and Demand Estimates (WASDE), the USDA kept the same data as in its February report.

Prairie Wheat Weekly: Prices either side of steady
Trump tariffs pressuring U.S. wheat prices
Western Canadian cash prices for spring wheat and amber durum were mixed during the week ended March 6. Declines in the United States wheat complex weighed on Prairie cash prices, as did a stronger Canadian dollar.

Oats swinging higher, but rangebound
Futures no longer connected to cash market
As oat futures fluctuate on the Chicago Board of Trade, they remain rangebound, said Progressive Ag analyst Tom Lilja in Fargo, N.D. However, to Scott Shiels of Grain Millers Canada in Yorkton, Sask. there’s a disconnect between those futures and cash prices for oats.

Feed Grains Weekly: Prices feeling the tariff pressure
This is a bit of an overreaction says broker
Even before tariffs were imposed by United States President Donald Trump on March 4, the levies were having an impact on Western Canadian feed grain prices, said Jay Janzen of CorNine Commodities in Lacombe, Alta.

CBOT Weekly: Tariffs sow uncertainty in markets
U.S. levies create unpredictability in crop prices
Tariffs imposed by United States President Donald Trump have wreaked havoc on the Chicago Board of Trade according to Chicago-based agricultural strategist Terry Reilly.

Spring weather to dominate first half of March
Large parts of Argentina, Brazil to be dry
Be it the Canadian Prairies or the United States Midwest, spring-like weather is on its way for the first couple of weeks of March, said Drew Lerner, president and chief agricultural meteorologist for World Weather Inc. in Overland, Kan. Meanwhile, the dryness that has dominated parts of Argentina and Brazil is likely to continue for the next several weeks.