# Grain and oilseed prices fall amid trade uncertainty | 2018-06-26  | Food Business News

> The US announced 25% duties on about $50 billion of Chinese goods on June 15, and China retaliated with 25% duties on about $38 billion of US goods, including soybeans, corn and wheat, starting July 6. The administration then threatened a 10% tariff on an additional $200 billion of Chinese imports, and most grain and oilseed futures fell sharply over the past month.

- Date: 2018-06-26 · published 2018-06-26T12:00:00.000Z
- Category: trade · region US · magnitude high
- Page: https://feedsoft.ai/events/8581-grain-and-oilseed-prices-fall-amid-trade-uncertainty-2018-06-26-food-business
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Corn](https://feedsoft.ai/c/CORN.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md)

## Why it matters

Tariffs on US soybeans and grains reduce China's demand for US exports, pressuring US futures and basis while supporting the case for lower prices. Feed buyers may see cheaper US soybean meal and corn, though the market is debating how much of the risk is already priced in.

## Read by commodity

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

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2017-04-03 | [Grains And Oilseeds News In Brief](https://feedsoft.ai/events/71561-grains-and-oilseeds-news-in-brief.md) | -0.4% | +1.4% |
| SOY | 2017-09-26 | [Grains And Oilseeds News In Brief](https://feedsoft.ai/events/68815-grains-and-oilseeds-news-in-brief.md) | -1.4% | +1.0% |
| SOY | 2017-02-07 | [Trade Policy Uncertainty: Lingering Concern for Farmers - Farm Policy News](https://feedsoft.ai/events/72478-trade-policy-uncertainty-lingering-concern-for-farmers-farm-policy-news.md) | +1.8% | -2.1% |
| SOY | 2025-07-30 | [Soy, corn barge bids pressured by Chinese demand uncertainty, hefty fall harvest potential — TradingView News](https://feedsoft.ai/events/23784-soy-corn-barge-bids-pressured-by-chinese-demand-uncertainty-hefty-fall-harvest.md) | -1.3% | +4.8% |
| SOY | 2019-12-18 | [U.S. grains: Prices slip after rallying on trade deal - Grainews](https://feedsoft.ai/events/9218-u-s-grains-prices-slip-after-rallying-on-trade-deal-grainews.md) | +0.8% | -0.5% |
| CORN | 2017-05-12 | [Grains And Oilseeds News In Brief](https://feedsoft.ai/events/71123-grains-and-oilseeds-news-in-brief.md) | -0.3% | +3.4% |
| CORN | 2017-02-07 | [Trade Policy Uncertainty: Lingering Concern for Farmers - Farm Policy News](https://feedsoft.ai/events/72478-trade-policy-uncertainty-lingering-concern-for-farmers-farm-policy-news.md) | +1.9% | +1.6% |
| CORN | 2019-12-18 | [U.S. grains: Prices slip after rallying on trade deal - Grainews](https://feedsoft.ai/events/9218-u-s-grains-prices-slip-after-rallying-on-trade-deal-grainews.md) | -0.1% | -1.9% |

## Sources

- foodbusinessnews.net: https://www.foodbusinessnews.net/articles/12059-grain-and-oilseed-prices-fall-amid-trade-uncertainty

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