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Grain and cattle markets closed lower on Wednesday as tariff news continued to shift, with 25% tariffs on Canada and Mexico delayed to April 2 and new 25% tariffs announced on the European Union. Traders awaited the USDA Ag Outlook Forum, where the trade expects 93.5 million corn acres and 84.5 million soybean acres.
Expectations of more corn and fewer soybean acres point to ample supply, and tariff uncertainty threatens export demand, which together weigh on grain prices.
agweb.comFeb 26, 2025After 310 past bearish policy events, CORN moved a median +0.3% over 5 sessions (54% higher; middle half -1.4% to +1.9%), and +0.6% over 20.
After 369 past bearish policy events, SOY moved a median -0.2% over 5 sessions (46% higher; middle half -1.7% to +1.8%), and +0.8% over 20.
After 30 past bearish policy events, LCATTLE moved a median -0.8% over 5 sessions (43% higher; middle half -2.0% to +1.1%), and +0.9% over 20.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
Tariff headlines (new 25% EU tariffs, Mexico/Canada delay) and expected higher US corn acres pressured grains on Feb 26.
