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.
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.
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.
Upswings in most December grain deliveries
Declines in rye, flax
Deliveries of major grains increased from December to December, according to data released by Statistics Canada on Jan. 29.
Buenos Aires desk cuts Argentine corn, bumps up wheat
Crops affected differently by weather
As Argentina continues to face dry conditions, the United States Department of Agriculture attaché in Buenos Aires cut their estimate for the country's 2024/25 corn crop. Meanwhile the attaché bumped up their call on the Argentine wheat harvest, which was recently completed.
Prairie spring wheat rise with U.S. futures
Hard red spring wheat bids in Western Canada moved higher during the week ended Jan. 23, as a rally in the United States futures provided support.
CBOT Weekly: Headlines dictate U.S. futures
Tariff threats, weather cause up-and-down trade
Tariff threats from U.S. President Donald Trump as well as weather concerns at home and abroad are creating a roller-coaster ride for U.S. grain futures during the week ended Jan. 22, 2025.
U.S. grains: Soy, corn futures retreat on profit-taking
U.S. soybean futures fell about two per cent on Thursday as forecasts for much-needed rains in dry areas of Argentina's crop belt and expectations of a massive Brazilian soy harvest sparked a round of profit-taking, analysts said.
IGC trims global corn forecast
The International Grains Council (IGC) on Thursday cut its forecast for 2024/25 global corn production, largely reflecting a downward revision for the United States.