CBOT corn finishes lower on tariff jitters
CHICAGO, April 2 (Reuters) - Chicago Board of Trade corn futures weakened on Wednesday on concerns about U.S. trade policies hurting U.S. agricultural exports, analysts said.
CBOT May corn CK25 closed down 4 cents at $4.57-3/4 a bushel after rising on Tuesday to the highest level in more than a week.
US President Donald Trump prepared to impose sweeping new tariffs that would escalate a trade war with global partners.
Grain traders worry that retaliation from trading partners such as Canada and Mexico could hurt demand for U.S. crops.
Traders are also keeping an eye on crop weather as farmers gear up to plant corn and soybeans in the Midwest. Heavy showers and thunderstorms are causing pockets of wind damage, large hail and flash flooding in the Corn Belt, the U.S. Department of Agriculture said in a daily weather report.
USDA is expected to report weekly U.S. corn export sales of 800,000 to 1.6 million metric tons for 2024-25 on Thursday, analysts said.
Related Articles
Amazon Stock Predictions for 2026 to 2030: Will They Exceed Expectations and Achieve Major Long-Term Goals?
TradingKey - As we head into 2026, many investors are questioning where Amazon (AMZN) fits into the technology world.
A Crash After a Surge: Why Silver Lost 40% in a Week?
TradingKey - Spot silver (XAGUSD) prices continue to decline. Silver plunged 20% on Thursday, breaking below $71 per ounce, with the sell-off intensifying on Friday as prices fell further below $64. Compared to the all-time high set on January 29, silver prices have retraced more than 40%, wiping out nearly all gains accumulated over the previous month.
Google Cloud Revenue Surges 48% in Q4 as CapEx Guidance Nearly Doubles: Why the 7.5% After-Hours Dip?
TradingKey - After the close on February 4 (ET), Google (GOOG, GOOGL) released stellar Q4 results: total revenue grew 18% year-over-year, hitting a new quarterly record after revenue first surpassed $100 billion in Q3. The primary highlight was Google Cloud, where Q4 revenue surged 48% year-over-yea
Is Bitcoin’s Four-Year Cycle Dead in 2026?
Is the Bitcoin 4-year cycle dead? After 2025 broke historical records with a red post-halving year, institutional analysts explore if the Bitcoin price has decoupled from the halving countdown. Analyze the impact of spot ETFs, global liquidity, and the roadmap to the 2028 halving in this 2026 market
