# Tariff Threats Roil Crop Markets | Farm Bureau Intel Markets | American Farm Bureau Federation

> After a late-May rally tied to a US-China trade cease-fire, new-crop corn and soybean futures fell to contract or multi-year lows once trade tensions resumed. The US announced a 25% tariff on $50 billion of Chinese goods and planned to target another $200 billion, and China responded with a tariff list covering 90% of US farm exports to China.

- Date: 2018-06-20 · published 2018-06-20T12:00:00.000Z
- Category: trade · region US · magnitude high
- Page: https://feedsoft.ai/events/10572-tariff-threats-roil-crop-markets-farm-bureau-intel-markets-american-farm-bureau
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

Retaliatory tariffs on US agricultural exports cut expected demand for soybeans and corn, which pushed futures lower.

## Read by commodity

- SOY: bearish ▼
- CORN: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2019-06-12 | [Mapping $8.5 Billion in Trade Assistance \| Farm Bureau Intel Markets \| American Farm Bureau Federation](https://feedsoft.ai/events/58576-mapping-8-5-billion-in-trade-assistance-farm-bureau-intel-markets-american-farm.md) | +3.7% | +1.8% |
| CORN | 2025-11-24 | [Farmers Urgently Need Economic Assistance \| Farm Bureau Intel Markets \| American Farm Bureau Federation](https://feedsoft.ai/events/21939-farmers-urgently-need-economic-assistance-farm-bureau-intel-markets-american.md) | +1.0% | +2.2% |
| CORN | 2017-12-04 | [China Continues to Drive Sorghum Acreage and Consumption \| Farm Bureau Intel Markets \| American Farm Bureau Federation](https://feedsoft.ai/events/67553-china-continues-to-drive-sorghum-acreage-and-consumption-farm-bureau-intel.md) | +0.1% | +5.5% |
| CORN | 2024-11-12 | [Canada Know-Risk Market Outlook \| Tariff Threats Sink Grains](https://feedsoft.ai/events/12339-canada-know-risk-market-outlook-tariff-threats-sink-grains.md) | -0.5% | +1.1% |
| CORN | 2024-11-27 | [Trump's threatened tariffs could raise farmer costs \| Agri-Pulse Communications, Inc.](https://feedsoft.ai/events/6066-trump-s-threatened-tariffs-could-raise-farmer-costs-agri-pulse-communications.md) | -0.1% | +6.2% |
| SOY | 2019-06-12 | [Mapping $8.5 Billion in Trade Assistance \| Farm Bureau Intel Markets \| American Farm Bureau Federation](https://feedsoft.ai/events/58576-mapping-8-5-billion-in-trade-assistance-farm-bureau-intel-markets-american-farm.md) | +6.3% | +3.9% |
| SOY | 2025-11-24 | [Farmers Urgently Need Economic Assistance \| Farm Bureau Intel Markets \| American Farm Bureau Federation](https://feedsoft.ai/events/21939-farmers-urgently-need-economic-assistance-farm-bureau-intel-markets-american.md) | +0.3% | -6.4% |
| SOY | 2024-11-12 | [Canada Know-Risk Market Outlook \| Tariff Threats Sink Grains](https://feedsoft.ai/events/12339-canada-know-risk-market-outlook-tariff-threats-sink-grains.md) | -0.2% | -1.7% |

## Sources

- fb.org: https://www.fb.org/intel/markets/tariff-threats-roil-crop-markets

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.