Reading Time: 2 minutes Soybean prices rose to a two-month high on Wednesday, underpinned by expectations of a de-escalation in the U.S.-China trade conflict, while wheat and corn futures ticked lower.
Reuters
U.S. grains: Soybeans jump on hopes of easing US-China trade tensions
US signals willingness to de-escalate trade war with China
Soybean futures jump on hopes of lower trade barriers
Reading Time: 2 minutes U.S. Treasury Secretary Scott Bessent said on Wednesday that high tariffs between the United States and China are not sustainable, as President Donald Trump's administration signaled openness to de-escalating a trade war between the world's two largest economies that has raised fears of recession.
U.S. grains: Chicago soybeans get a technical bounce, corn and wheat ease
Reading Time: 2 minutes Chicago soybean futures bounced on Tuesday while corn and wheat eased as broader financial markets recovered from a day-earlier slide and the dollar held near a multi-year low.
ADM closing soybean processing plant in Kershaw, South Carolina
Reading Time: 2 minutes Grains merchant Archer-Daniels-Midland will permanently close its soybean processing plant in Kershaw, South Carolina, later this spring as part of a cost-cutting and consolidation push announced earlier this year.
U.S. FDA suspends milk quality tests amid workforce cuts
Reading Time: < 1 minute Washington | Reuters – The Food and Drug Administration is suspending a quality control program for testing of fluid milk and other dairy products due to reduced capacity in its food safety and nutrition division, according to an internal email seen by Reuters. The suspension is another disruption to the nation’s food safety programs after […] Read more
US beef off the menu as the trade war hits Beijing’s American-style restaurants
US beef exports to China worth $125 million a month at risk
Reading Time: 2 minutes Beijing | Reuters – At Home Plate BBQ, an American-style restaurant in Beijing, staff are reprinting menus. The U.S.-China trade war means American beef – once the star ingredient – will soon be off the table. Home Plate’s beef, previously sourced entirely from the U.S., is increasingly Australian. The restaurant uses about 7 to 8 […] Read more
U.S. grains: Wheat up on US Plains dryness, soybeans fall on profit taking
Reading Time: 2 minutes Chicago wheat futures rose on Thursday, supported by concerns that forecasted rain will not be enough to alleviate dryness in some U.S. wheat production regions, analysts said.
China says it will ignore US ‘tariff numbers game’
Reading Time: < 1 minute China will pay no attention if the United States continues to play the “tariff numbers game”, China’s foreign ministry said on Thursday, after the White House outline how China faces tariffs of up to 245 per cent due to its retaliatory actions.
IGC raises world corn crop forecast, trims wheat
Reading Time: < 1 minute The International Grains Council (IGC) has raised its forecast for 2025/26 global corn production, driven by an improved outlook in sub-Saharan Africa and the United States.
Bayer CEO: targeting US state regulation to stem glyphosate costs
Reading Time: < 1 minute Bayer is lobbying U.S. states to adjust their regulatory framework in its battle to wind down costly litigation over its weed killer glyphosate, the German chemicals company's CEO said in a draft speech released on Thursday.