U.S. President Donald Trump intensified his criticism of Canada on Friday after terminating trade talks over a Canadian political advertisement that used Republican icon Ronald Reagan saying tariffs cause trade wars and economic disaster.
U.S. soybean and corn futures rose on Thursday to one-month highs, spurred by a jump in crude oil following U.S. sanctions on Russia’s two biggest oil firms along with hopes for progress in U.S.-Chinese trade talks.
The International Grains Council has raised its forecast for 2025/26 global wheat production with crop outlooks upgraded for Russia, the United States and Argentina.
U.S. President Donald Trump’s administration is quadrupling the tariff rate quota on Argentinian beef to 80,000 tonnes to reduce prices and protect American farmers, a White House official said on Thursday.
U.S. soybean futures firmed on Wednesday as traders remained hopeful for progress in trade talks with top soy buyer China and on a Japanese proposal to increase U.S. soy purchases, deals that could help U.S. farmers avert major losses.
The head of the United Nations said on Wednesday that the global trade system was facing major challenges due to tariffs, with developing countries worst affected.
Brewer, Heineken warned its 2025 beer sales would fall as macroeconomic challenges worsened, further downgrading its volume guidance from the previous quarter.
Chicago Board of Trade soybean futures turned lower on Tuesday on profit-taking after the benchmark contract touched a one-month high in early moves, while market players continued to monitor U.S.-China trade relations, analysts said.