Planting corn in south-central Manitoba in May 2014. (Co-operator photo by Allan Dawson)

U.S. grains: Corn hits nine-month high

Chicago | Reuters — U.S. corn futures rallied to a nine-month peak and wheat rose to its highest in nearly seven weeks on Wednesday, supported by a round of short-covering amid persistent concerns about adverse weather curtailing harvest expectations for both grains, traders said. Soybean futures also were firm, with U.S. President Donald Trump’s announcement […] Read more






Illinois grain farmer Lucas Strom, shown here April 10 in unincorporated Kane County just west of Chicago, had planned to purchase a grain bin but changed his mind when the price increased after the announcement of steel tariffs by the Trump administration last month. (Photo: Reuters/P.J. Huffstutter)

Steel tariff shrapnel hits U.S. farmers

Kane County, Ill. | Reuters — Lucas Strom, who runs a century-old family farm in rural Illinois, canceled an order to buy a new US$71,000 grain bin last month — after the seller raised the price five per cent in a day. The reason: steel prices jumped right after U.S. President Donald Trump announced tariffs. […] Read more