Agricultural markets are hesitant, waiting for US customs announcements FranceAgriMer adjusts its cereal balance sheets, in an uncertain global context "Trump could announce a new tax on any product tomorrow" Corn imports into Europe could quickly reduce

Soybeans saw a nearly 3% gain in Chicago over the week, but wheat and corn prices continued to decline before a slight increase due to planting forecasts. The U.S. Department of Agriculture reported lower planting intentions for wheat and soybeans, but a sharp increase in corn acreage. Lower wheat prices led to sales in Morocco and Great Britain of the French grain. The market is awaiting announcements from the White House regarding new tariffs. The imposition of customs surcharges and retaliations could upset the market balance for agricultural commodities.

In Chicago, soybeans gained nearly 3% over the week, but wheat and corn remained in decline before receiving a slight boost early in the week from planting forecasts published in the United States. According to the U.S. Department of Agriculture (USDA), wheat and soybean planting intentions for the coming season are indeed lower than expected. Corn acreage forecasts, for their part, are up sharply (+4%), but not as high as traders had feared. Over the same period, prices on Euronext followed the trend, with just a slight rebound in corn. A further drop in wheat prices, however, led to sales in Morocco and Great Britain of the French grain, which has been struggling to find export buyers (outside the EU) for months. Overall, "the (American) markets have been depressed for a month against the backdrop of US tariffs, and this Chicago depression is influencing the entire world," emphasizes Sébastien Poncelet, an analyst at Argus Media France. "There is a psychological influence ...