# Chicago Grains at Multi-Month Highs as Trade War Fears Ebb

> Chicago corn, wheat and soybeans hit fresh multi-month highs as the dollar fell and fears of a trade war with China, Canada and Mexico eased. Trump postponed tariffs on Mexico and Canada for a month, and Beijing's retaliation excluded crops. Adverse South American weather added support.

- Date: 2025-02-06 · published 2025-02-06T12:00:00.000Z
- Category: trade · region US · magnitude medium
- Page: https://feedsoft.ai/events/11100-chicago-grains-at-multi-month-highs-as-trade-war-fears-ebb
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

Easing trade tensions reduce the risk of lost US farm export demand, and possible Chinese soybean purchases could support soybean prices further.

## Read by commodity

- DXY: bearish ▼
- SOY: bullish ▲
- CORN: bullish ▲
- WHEAT: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2025-10-29 | [U.S. grains: Soybeans set 15-month high on U.S.-China trade deal hopes - Grainews](https://feedsoft.ai/events/22451-u-s-grains-soybeans-set-15-month-high-on-u-s-china-trade-deal-hopes-grainews.md) | -0.2% | +0.8% |
| CORN | 2025-10-27 | [U.S. grains: Soy hits four-month high on hopes for China trade deal - Manitoba Co-operator](https://feedsoft.ai/events/22452-u-s-grains-soy-hits-four-month-high-on-hopes-for-china-trade-deal-manitoba-co.md) | +1.4% | +2.7% |
| CORN | 2025-05-12 | [U.S. grains: Soybeans hit three-month high on US-China trade deal, USDA report - Canadian Cattlemen](https://feedsoft.ai/events/9508-u-s-grains-soybeans-hit-three-month-high-on-us-china-trade-deal-usda-report.md) | +0.0% | +1.9% |
| CORN | 2023-03-24 | [Chicago grains higher after week of Black Sea doubts, China demand](https://feedsoft.ai/events/5079-chicago-grains-higher-after-week-of-black-sea-doubts-china-demand.md) | +1.7% | +0.3% |
| CORN | 2020-12-01 | [Global Trade War a Boon for Black Sea Grain \| Feed & Grain](https://feedsoft.ai/events/49509-global-trade-war-a-boon-for-black-sea-grain-feed-and-grain.md) | -0.4% | +1.4% |
| SOY | 2026-02-04 | [U.S. grains: Chicago soybeans jump to two-month high on Trump comments - Grainews](https://feedsoft.ai/events/20639-u-s-grains-chicago-soybeans-jump-to-two-month-high-on-trump-comments-grainews.md) | +5.3% | +8.3% |
| SOY | 2025-10-29 | [U.S. grains: Soybeans set 15-month high on U.S.-China trade deal hopes - Grainews](https://feedsoft.ai/events/22451-u-s-grains-soybeans-set-15-month-high-on-u-s-china-trade-deal-hopes-grainews.md) | +2.8% | +4.3% |
| SOY | 2025-10-27 | [U.S. grains: Soy hits four-month high on hopes for China trade deal - Manitoba Co-operator](https://feedsoft.ai/events/22452-u-s-grains-soy-hits-four-month-high-on-hopes-for-china-trade-deal-manitoba-co.md) | +5.6% | +8.0% |

## Sources

- ukragroconsult.com: https://ukragroconsult.com/en/news/chicago-grains-at-multi-month-highs-as-trade-war-fears-ebb/

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