# EU wheat and rapeseed hit lows as tariff battle heats up

> Euronext wheat fell to a six-month low and rapeseed to a one-month low as US tariffs and retaliation from China and Canada deepened trade concerns. Losses were moderate, with traders calling the market oversold. The euro rallied against the dollar, and Chicago grains fell on fears of restricted US exports.

- Date: 2025-03-04 · published 2025-03-04T12:00:00.000Z
- Category: trade · region Europe · magnitude medium
- Page: https://feedsoft.ai/events/8148-eu-wheat-and-rapeseed-hit-lows-as-tariff-battle-heats-up
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Canola Meal](https://feedsoft.ai/c/CANMEAL.md), [Soybeans](https://feedsoft.ai/c/SOY.md), [Euro (USD per EUR)](https://feedsoft.ai/c/EURUSD.md)

## Why it matters

Trade disruption and a stronger euro weigh on European wheat and rapeseed, while Brazil's large soybean harvest adds supply pressure to oilseed-linked products.

## Read by commodity

- SOY: bearish ▼
- WHEAT: bearish ▼
- EURUSD: bullish ▲
- CANMEAL: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2023-08-23 | [US wheat exports expected to hit 52-year low \| Agriculture Dive](https://feedsoft.ai/events/34630-us-wheat-exports-expected-to-hit-52-year-low-agriculture-dive.md) | -4.8% | -2.0% |
| WHEAT | 2017-05-11 | [France raised its forecast for wheat and barley export](https://feedsoft.ai/events/70953-france-raised-its-forecast-for-wheat-and-barley-export.md) | -2.4% | +0.8% |
| WHEAT | 2019-05-31 | [U.S. grains: Trump tariff threat pushes corn, soy, wheat lower - Grainews](https://feedsoft.ai/events/6687-u-s-grains-trump-tariff-threat-pushes-corn-soy-wheat-lower-grainews.md) | +9.4% | +15.4% |
| WHEAT | 2018-02-26 | [Tops in Wheat, Russia Moves Up as a Feed Grain Exporter](https://feedsoft.ai/events/66356-tops-in-wheat-russia-moves-up-as-a-feed-grain-exporter.md) | +1.4% | +1.3% |
| WHEAT | 2018-05-29 | [2018-18 - Grain and Seed Exports Program – India – Increased tariffs for wheat, walnuts in shell and shelled almonds - DAFF](https://feedsoft.ai/events/65002-2018-18-grain-and-seed-exports-program-india-increased-tariffs-for-wheat.md) | -0.9% | -2.8% |
| SOY | 2017-12-28 | [As World Eats More Meat, US Soy Losing Battle To Feed Animals \| ESM Magazine](https://feedsoft.ai/events/67499-as-world-eats-more-meat-us-soy-losing-battle-to-feed-animals-esm-magazine.md) | +0.4% | +3.1% |
| SOY | 2018-01-02 | [As world eats more meat, U.S. soy losing battle to feed animals \| Bowling Green Daily News](https://feedsoft.ai/events/67115-as-world-eats-more-meat-u-s-soy-losing-battle-to-feed-animals-bowling-green.md) | +0.7% | +5.1% |
| SOY | 2018-09-18 | [Trump’s tariffs rattle Korea a bit](https://feedsoft.ai/events/63293-trump-s-tariffs-rattle-korea-a-bit.md) | +2.1% | +8.3% |

## Sources

- tradingview.com: https://www.tradingview.com/news/reuters.com,2025:newsml_L5N3PN21G:0-eu-wheat-and-rapeseed-hit-lows-as-tariff-battle-heats-up/

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