Markets
  • Corn$4.97/bu-1.0%
  • Soybeans$12.77/bu-0.5%
  • Soybean meal$347.00/US ton-1.8%
  • Soybean oil$0.6863/lb+1.9%
  • SRW wheat$6.83/bu+0.0%
  • HRW wheat$7.34/bu-0.4%
  • Live cattle$221.40/cwt-0.8%
  • Feeder cattle$331.07/cwt-1.6%
  • Lean hogs$70.08/cwt+1.7%
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18 stories for “Trade Policy”Page 1 of 2
Commodity Markets

US and China agree reciprocal tariff cuts on $60 billion in goods, but soybeans left out

The United States and China have agreed to pursue reciprocal tariff reductions covering $60 billion worth of goods, including US corn, wheat and meat as well as Chinese consumer products, following a presidential summit in Washington. Non-seed soybeans — the largest US agricultural export to China — were excluded from China's list, prompting criticism from the American Soybean Association and a sharp drop in Chicago soybean futures. The two sides also extended their trade truce through to 10 January and agreed on an agriculture working group.

4 min read
Commodity Markets

Corn and Soybeans Recover From Session Lows as Rain Delays Harvest; Wheat Slides

U.S. grain futures on September 25, 2026 finished near session highs after early selling pressure gave way to a recovery driven by a weaker dollar and trade-deal optimism. December corn edged up fractionally, November soybeans posted weekly gains on news of a U.S.-China trade subset agreement, while wheat futures ended the week lower amid a sustained price downtrend. Persistent Midwest rains are delaying harvest and tightening soybean supplies at processors.

5 min read
Commodity Markets

El Niño Threatens Feed Commodity Prices as Beroe Warns of Up to 16% Rise Through 2028

A strengthening El Niño event, combined with fertilizer shortages, geopolitical tensions, and elevated energy costs, could push global food and feed commodity prices up by 14–16%, according to procurement consultancy Beroe. Key feed ingredients including corn, vegetable oils, and sugar face varying levels of supply and price risk, with the full market impact potentially not materialising until 2028.

5 min read
Commodity Markets

Soybean Complex Softens Ahead of U.S.–China Summit as Oil Weakens and Meal Firms

CBOT soybean futures eased modestly on 23 September 2026, with soybean oil leading declines and meal outperforming, as traders consolidated recent gains ahead of a key U.S.–China diplomatic summit. Ukrainian FOB prices slipped while basis held firm on below-average yields and Black Sea risk. China's August soybean imports remained historically large but showed a 12% year-on-year drop from the U.S., highlighting continued origin diversification. Early South American planting began under a wetter pattern, introducing mild bearish signals for new-crop supply.

3 min read
Commodity Markets

Palm Oil Futures Inch Higher as Indonesian B50 Mandate and Dry Weather Counter Heavy Malaysian Stocks

MDEX palm oil futures posted modest gains on 23 September 2026, with the nearby October 2026 contract settling at MYR 4,640 per tonne. A gently upward-sloping forward curve reflects competing pressures: elevated Malaysian inventories and soft exports on the bearish side, against Indonesia's imminent B50 biodiesel mandate and drier-than-normal regional weather on the supportive side.

4 min read