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Grains and oilseeds: strong euro and US tariffs

March 7, 2025 at 11:14 AM , Der AUDITOR
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BRUSSELS. Wheat is under pressure. Ukraine cannot compete against Brazil’s corn. China also turns to Brazil for soybeans. The strong euro is having an impact on European rapeseed prices.

Wheat under pressure

After the US import tariffs sparked retaliatory measures in Canada, Mexico and China the international wheat market is showing some signs of recovery. US President Donald Trump has raised the tariffs for imports from China from 10% to 20% and the tariffs for imports from Canada and Mexico to 25%. Previous to this, sales were up as traders reckoned with problems. Hope now is that new negotiations may prompt the Trump administration to soften these tariffs.

The rise in temperatures in the Great Plains in the USA and in important regions in

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