# Tariffs and Commodity Prices: Impacts and Reactions - Farm Policy News

> Farm Policy News summarized recent press coverage of how US tariffs are affecting global commodity markets and how politicians and farmers are responding. Corn futures had fallen about 15% from a late May peak and wheat prices were down around 10%.

- Date: 2018-07-22 · published 2018-07-22T12:00:00.000Z
- Category: trade · region US · magnitude medium
- Page: https://feedsoft.ai/events/6567-tariffs-and-commodity-prices-impacts-and-reactions-farm-policy-news
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

Tariff fears have pressured corn and wheat futures by reducing expected export demand and raising surplus concerns, weighing on prices despite tighter global stocks.

## Read by commodity

- SOY: bearish ▼
- CORN: bearish ▼
- WHEAT: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2017-02-19 | [U.S. Corn Exports to Mexico: Will Policy Rhetoric Turn into Concrete Action? - Farm Policy News](https://feedsoft.ai/events/72530-u-s-corn-exports-to-mexico-will-policy-rhetoric-turn-into-concrete-action-farm.md) | +0.3% | +0.9% |
| CORN | 2021-07-12 | [Foreign Demand lower as Commodity Prices rise -](https://feedsoft.ai/events/46121-foreign-demand-lower-as-commodity-prices-rise.md) | -6.7% | -7.2% |
| CORN | 2023-01-27 | [FAS Report Highlights China’s Corn Imports From Brazil; While Rice Prices Climb \| Farm Policy News \| Illinois](https://feedsoft.ai/events/14874-fas-report-highlights-china-s-corn-imports-from-brazil-while-rice-prices-climb.md) | -1.1% | -1.9% |
| CORN | 2019-03-07 | [Farmer patience on tariffs comes with caution flag for Trump \| AP News](https://feedsoft.ai/events/60080-farmer-patience-on-tariffs-comes-with-caution-flag-for-trump-ap-news.md) | -1.0% | -0.7% |
| CORN | 2024-10-10 | [Trade Study: How Potential New Tariffs Could Impact U.S. Soybeans and Corn - American Soybean Association](https://feedsoft.ai/events/14713-trade-study-how-potential-new-tariffs-could-impact-u-s-soybeans-and-corn.md) | -2.6% | +0.4% |
| WHEAT | 2021-04-22 | [Corn, Soybean Prices Climb, While Record Chinese Corn Imports Expected - Farm Policy News](https://feedsoft.ai/events/6621-corn-soybean-prices-climb-while-record-chinese-corn-imports-expected-farm.md) | +3.9% | +0.9% |
| WHEAT | 2024-02-06 | [Trump Considering 60% Tariff on China \| Farm Policy News \| Illinois](https://feedsoft.ai/events/14778-trump-considering-60-tariff-on-china-farm-policy-news-illinois.md) | -3.6% | -0.2% |
| WHEAT | 2020-11-20 | [China Targets U.S. Farm Imports With Tariffs on Soy, Corn - Pork Business](https://feedsoft.ai/events/50015-china-targets-u-s-farm-imports-with-tariffs-on-soy-corn-pork-business.md) | -2.9% | +4.7% |

## Sources

- farmpolicynews.illinois.edu: https://farmpolicynews.illinois.edu/2018/07/tariffs-and-commodity-prices-impacts-and-reactions/

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