CMN Daily: Wheat Conditions Dip, China Hikes Tariffs, ECB Eyes Rate Cut Amid Slowing Inflation

Grain markets closed last week on a firm note, finishing in the green across the board, as a weakening U.S. dollar supported C-B-O-T prices, which outpaced their European counterparts. This week’s focus will be on the European Central Bank’s policy meeting scheduled for Thursday. With heightened uncertainty, elevated volatility in the EUR/USD currency pair is expected. Grain markets will be closed on Friday, and matiff trading will resume on Tuesday.