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U.S. corn still pulls demand amid tariff talks

  • U.S. export inspections for corn, soybeans, wheat, and sorghum mostly increased the week ending April 10, 2025, with key shipments going to Mexico, Japan, China, and Germany.
  • The outlook follows the USDA pausing new reciprocal tariffs for 90 days and maintaining a 10% world tariff, easing trade tensions amid ongoing tariff disputes.
  • Corn inspections rose to 1,829,000 tons, up 215,540 from the prior week, while soybeans declined 267,961 tons to 546,348 tons; wheat rose 269,373 tons to 604,461 tons.
  • Jack Scoville of Price Futures Group said the U.S. remains “the best offer in the world for now” and that market relief followed the tariff pause announcement.
  • The data suggest sustained demand for U.S. crops despite tariff challenges, with planting conditions improving in the Midwest as warmer, drier weather aids progress.
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U.S. corn still pulls demand amid tariff talks

Corn closed on the upside last week as the market reacted to better demand in domestic and world markets, Jack Scoville of the Price Futures Group said.

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After last week's increase in market participant activity, this week there was a withdrawal of buyers, which resulted in a reduced volume of trade. Corn was the most traded commodity, and the total turnover on the Commodity Exchange amounted to 2,123 tons of goods.

·Belgrade, Serbia
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The futures of Chicago's soybean fell on Tuesday, a day after reaching a maximum of seven weeks, under pressure from the weak demand of the main buyer, China, amid an escalation of the trade war and abundant harvest in Brazil.The futures of maize fell due to low demand, although a sale of US maize to Portugal helped sustain prices.Wheat futures fell for the second day in a row after weather forecasts predicted better conditions of growth in the …

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News Dakota broke the news in on Monday, April 14, 2025.
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