The Chicago Board of Trade building on May 28, 2018. (Harmantasdc/iStock Editorial/Getty Images)

CBOT Weekly: Hard to determine where markets could go

Tariffs issues clouding pathways

With global trade in something of a chaotic mess due to the Trump administration threatening to impose tariffs and placing levies on China, the futures for soybeans, corn and wheat are very difficult to determine said Terry Reilly, senior agricultural specialist for Marex. Added to that, he suggested there could be a few surprises in the February supply and demand report from the United States Department of Agriculture.

U.S. President-elect Donald Trump is sworn-in as the 47th president of the United States by Chief Justice John Roberts as Melania Trump holds the Bible on the inauguration day of his second Presidential term in Washington, U.S. January 20, 2025. Julia Demaree Nikhinson/Pool via REUTERS

CBOT Weekly: Headlines dictate U.S. futures

Tariff threats, weather cause up-and-down trade

Tariff threats from U.S. President Donald Trump as well as weather concerns at home and abroad are creating a roller-coaster ride for U.S. grain futures during the week ended Jan. 22, 2025.