# Speculative fluctuations in grain and oilseed prices will increase due to uncertainty about duties and harvest in South America

> CBOT corn, wheat and soybeans rose on January 29 as traders weighed a possible 25% US tariff on Canadian and Mexican imports due February 1. Corn hit a 15-month high, wheat a 6-week high and soybeans a six-month high amid Brazilian planting and harvest delays. Argentine drought also weighs on the South American crop outlook.

- Date: 2025-01-30 · published 2025-01-30T12:00:00.000Z
- Category: trade · region Global · magnitude high
- Page: https://feedsoft.ai/events/26547-speculative-fluctuations-in-grain-and-oilseed-prices-will-increase-due-to
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md)

## Why it matters

Tariff uncertainty and South American weather delays are lifting grain futures, and buyers face higher feed costs if the Brazil and Argentina supply shortfalls persist.

## Read by commodity

- SBM: neutral
- SOY: bullish ▲
- CORN: bullish ▲
- WHEAT: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2025-01-10 | [Barley prices in Ukraine continue to rise amid a shortage of supply and hryvnia devaluation](https://feedsoft.ai/events/26579-barley-prices-in-ukraine-continue-to-rise-amid-a-shortage-of-supply-and-hryvnia.md) | +3.2% | +5.6% |
| CORN | 2020-11-24 | [Why Grain Prices are Surging and What It Will Take For The Rally to Last - ProAg](https://feedsoft.ai/events/4399-why-grain-prices-are-surging-and-what-it-will-take-for-the-rally-to-last-proag.md) | -2.0% | -2.8% |
| CORN | 2021-01-27 | [The sharp rise in prices of soybean oil will support prices for sunflower oil and sunflower](https://feedsoft.ai/events/49249-the-sharp-rise-in-prices-of-soybean-oil-will-support-prices-for-sunflower-oil.md) | +1.9% | -0.6% |
| CORN | 2025-10-31 | [With a China Deal How High Will Soybean and Grain Prices Rally? What is China Already Buying? - AgWeb](https://feedsoft.ai/events/14628-with-a-china-deal-how-high-will-soybean-and-grain-prices-rally-what-is-china.md) | -0.4% | +2.7% |
| CORN | 2018-10-31 | [Grain imports on the cards as drought drives up prices and crop forecasts slashed - ABC News](https://feedsoft.ai/events/62498-grain-imports-on-the-cards-as-drought-drives-up-prices-and-crop-forecasts.md) | +3.5% | -4.6% |
| SOY | 2023-06-21 | [China intensifies imports of grains and oilseeds amid lower world prices](https://feedsoft.ai/events/14833-china-intensifies-imports-of-grains-and-oilseeds-amid-lower-world-prices.md) | +1.2% | +1.0% |
| SOY | 2022-08-15 | [Demand for grain and soybean derivatives from the US and BR increases - Revista Cultivar](https://feedsoft.ai/events/6710-demand-for-grain-and-soybean-derivatives-from-the-us-and-br-increases-revista.md) | -10.8% | -7.2% |
| SOY | 2020-11-24 | [Why Grain Prices are Surging and What It Will Take For The Rally to Last - ProAg](https://feedsoft.ai/events/4399-why-grain-prices-are-surging-and-what-it-will-take-for-the-rally-to-last-proag.md) | -2.5% | +4.7% |

## Sources

- ukragroconsult.com: https://ukragroconsult.com/en/news/speculative-fluctuations-in-grain-and-oilseed-prices-will-increase-due-to-uncertainty-about-duties-and-harvest-in-south-america/

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