Trump's tariff threats are already having an effect globally

In America, the buyers were more dominant, but in Europe a balanced market could be seen on Monday's trading day in the crop markets. In Chicago, wheat went up by 0.1 percent, corn by 0.3 percent, and canola by 0.5 percent, compared to the previous day, while soybeans became cheaper by 0.3 percent. In Europe, mill wheat and canola rose in price, but corn and fodder wheat closed in the red. There were no brisk moves on Monday as trader enthusiasm was relatively low, said Daniel Flynn of Price Futures Group. "On Monday morning, traders returned from a long weekend and had not yet picked up the pace," Flynn said. "There is not much impulse in the market to pick up momentum or move quickly because of the unfavorable weather that has been experienced in South America," he added. Many commodities were under pressure as the US dollar index rose, up 0.6% on President-elect Donald Trump's latest tariff threats. Trump announced over the weekend that he would impose 100% tariffs on countries ...