Chicago Board of Trade grain and oilseeds extended losses on Wednesday after a government crop report showed more U.S. corn inventories than expected, while the latest U.S. tariffs and European counter-measures fueled concerns about trade disruption, traders said.

U.S. grains: Chicago grains and soybeans extend losses as trade fights roil

ICE Weekly: No end in sight for canola’s downfall
U.S., China tariffs sink canola prices
Tariffs on Canadian canola oil and meal imposed by the United States and China have sunk the futures for the oilseed at the Intercontinental Exchange.

CBOT Weekly: Prices expected to slowly recover
Unless tariffs throw a wrench into things
Corn and soybean futures at the Chicago Board of Trade are expected to slowly recover by the end of March, said broker Ryan Ettner of Allendale Inc. in McHenry, Ill. However, the tariff policies of the Trump administration could easily redirect that trend.

Tariffs make pork business more complicated, Smithfield Foods CEO says
Exports to China, imports of Canadian weanlings caught in tariff crossfire
Tariffs make it more complicated for Smithfield Foods, the biggest U.S. pork processor, to sell all parts of a pig, CEO Shane Smith said on Wednesday, and may disrupt imports of Canadian weanlings.

Trump’s steel, aluminum tariffs take effect
EU to impose counter tariffs on $28 billion of US goods, including agricultural products
U.S. President Donald Trump’s increased tariffs on steel and aluminum imports took effect on Wednesday as prior exemptions, duty free quotas and product exclusions expired.

Prairie forecast: Dreaded Colorado low on the radar
Forecast issued March 12, covering March 12 to 19, 2025
As I mentioned in last weeks weather article, March and April can see some of the biggest snowstorms of the year. While I don't think this one will be one for the record books, there's the potential for some wintery weather across the Prairies between now and the end of the weekend.

Canada to seed more wheat, less canola in 2025: StatCan
Farmers also seeding more peas, corn and oats
Canadian farmers intend to plant more wheat and less canola in 2025, according to the first survey-based estimates for the upcoming growing season from Statistics Canada released March 12. Area seeded to corn, oats and peas is also expected to rise, while soybeans, barley and lentils are forecast to lose acres.

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.

U.S. grains: Soybean futures end lower for third straight session; corn, wheat fall
Chicago Board of Trade soybean futures ended lower on Tuesday for a third straight session, coming under pressure from hefty South American supplies hitting the global market and uncertainty over how U.S. tariffs will affect domestic demand, traders said.

U.S. livestock: Cattle mixed, hogs down as USDA updates supply/demand numbers
Chicago mercantile exchange cattle ended mixed on Tuesday as the USDA raised its beef production forecast.