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Corn, soybeans and wheat each faced follow-through selling pressure overnight in reaction to the start of trade wars with key trading partners.

Corn, soybeans and wheat faced followthrough selling overnight in reaction to the start of a tariffs war with major trading partners.

Based on our Crop Condition Index, all states except Kansas (unchanged) and Colorado (up 1 point) declined during February.

China, Canada retaliate | Mexico to respond today | More Trump tariffs expected

Tariffs will be 25% on Mexico and Canada (10% on Canadian energy products) and will double to 20% for China.

March 3, 2025

March 3, 2025

March 3, 2025

March 3, 2025

Corn inspections during the week ended Feb. 27 rose 185,000 MT from the previous week and landed near the upper end of analysts’ pre-report range. Wheat inspections rose modestly, while soybean inspections declined 183,000 MT.