Story perspectives

US Grain Stocks Drop, Cattle Prices Soar Amid Tariff Changes

12/16/2025

Summary

Story summary

The U.S. Department of Agriculture reports lower ending stocks for corn and soybeans: 2.029 billion and 290 million bushels.
Wheat stocks exceeded expectations at 901 million bushels.
Argentina cut grain export tariffs, raising supply and lowering prices for U.S. producers.
Cattle prices rebounded as cash for weaned calves neared record highs.
U.S. President Donald Trump is overseeing fertilizer price collusion probes and tariffs on Canadian fertilizer to support domestic production.

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Story summary

The U.S. Department of Agriculture reports lower ending stocks for corn and soybeans: 2.029 billion and 290 million bushels.
Wheat stocks exceeded expectations at 901 million bushels.
Argentina cut grain export tariffs, raising supply and lowering prices for U.S. producers.
Cattle prices rebounded as cash for weaned calves neared record highs.
U.S. President Donald Trump is overseeing fertilizer price collusion probes and tariffs on Canadian fertilizer to support domestic production.