# CBOT wheat ends down as trade woes spark broad market sell-off

> CBOT wheat fell about 2% on Tuesday, with front-month contracts setting life-of-contract lows amid a broad commodity and equity sell-off. The sell-off followed the imposition of 25% US tariffs on Mexico and Canada and doubled duties on Chinese goods, with retaliation announced by Canada and China. Kansas wheat conditions improved in February while Russia reported 87% of winter crops in good or satisfactory condition.

- Date: 2025-03-04 · published 2025-03-04T12:00:00.000Z
- Category: trade · region US · magnitude high
- Page: https://feedsoft.ai/events/8143-cbot-wheat-ends-down-as-trade-woes-spark-broad-market-sell-off
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Wheat (HRW)](https://feedsoft.ai/c/KWHEAT.md), [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

Retaliatory tariffs threaten US grain export demand, pressuring wheat prices lower across all three US classes. Improving Russian crop ratings add supply-side pressure.

## Read by commodity

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

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2019-02-23 | [Wheat Markets Continue to Sell Off](https://feedsoft.ai/events/6773-wheat-markets-continue-to-sell-off.md) | -3.6% | +0.5% |
| WHEAT | 2025-12-01 | [Chicago soybeans slip as traders monitor China buying; wheat, corn also down - Markets - Business Recorder](https://feedsoft.ai/events/21547-chicago-soybeans-slip-as-traders-monitor-china-buying-wheat-corn-also-down.md) | +1.9% | +0.7% |
| WHEAT | 2020-01-16 | [China's 'market condition' caveat on U.S. ag purchases adds to trade deal doubts](https://feedsoft.ai/events/54944-china-s-market-condition-caveat-on-u-s-ag-purchases-adds-to-trade-deal-doubts.md) | -0.2% | -5.3% |
| WHEAT | 2019-10-23 | [Why aren't UK wheat futures following US trends? Grain Market Daily \| AHDB](https://feedsoft.ai/events/56604-why-aren-t-uk-wheat-futures-following-us-trends-grain-market-daily-ahdb.md) | -0.4% | +5.9% |
| WHEAT | 2024-12-20 | [World grain market: Wheat fell, while corn and soybeans rose on Thursday](https://feedsoft.ai/events/26986-world-grain-market-wheat-fell-while-corn-and-soybeans-rose-on-thursday.md) | +2.2% | -0.2% |
| KWHEAT | 2019-10-23 | [Why aren't UK wheat futures following US trends? Grain Market Daily \| AHDB](https://feedsoft.ai/events/56604-why-aren-t-uk-wheat-futures-following-us-trends-grain-market-daily-ahdb.md) | -0.5% | +1.1% |
| KWHEAT | 2024-12-20 | [World grain market: Wheat fell, while corn and soybeans rose on Thursday](https://feedsoft.ai/events/26986-world-grain-market-wheat-fell-while-corn-and-soybeans-rose-on-thursday.md) | +2.1% | +5.9% |
| KWHEAT | 2018-04-05 | [Global Perspective on Wheat Trade - U.S. Wheat Associates](https://feedsoft.ai/events/65407-global-perspective-on-wheat-trade-u-s-wheat-associates.md) | +6.3% | +10.2% |

## Sources

- tradingview.com: https://www.tradingview.com/news/reuters.com,2025:newsml_L2N3PN185:0-cbot-wheat-ends-down-as-trade-woes-spark-broad-market-sell-off/

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