Wheat Market Briefing: Stable Prices and U.S.–Canada Machinery Tariff Risks
Published . Updated .
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Wheat prices are steady while U.S.–Canada machinery tariff tensions emerge as a new structural cost risk. Overview of prices, supply, demand and trade outlook.
Directly affected
- No company is named in this report.
Indirectly affected
- DBA Invesco DB Agriculture Fund-6.1% 30d
Invesco DB Agriculture Fund: it follows farm commodity prices. Linked by “wheat” (grains and farm goods) in this story.
- WEAT Teucrium Wheat Fund-5.5% 14d
Teucrium Wheat Fund: it follows farm commodity prices. Linked by “wheat” (grains and farm goods) in this story.
- XLI Industrial Select Sector SPDR-0.3% 30d
Industrial Select Sector SPDR: it holds companies hit by import costs and trade rules. Linked by “tariff” (tariffs and trade) in this story.
- ADM Archer-Daniels-Midland-19.8% 30d
Archer-Daniels-Midland (fats and oils): crop traders and farm suppliers move with grain prices and trade. Linked by “wheat” (grains and farm goods) in this story.
- BG Bunge Global-18.0% 30d
Bunge Global (fats and oils): crop traders and farm suppliers move with grain prices and trade. Linked by “wheat” (grains and farm goods) in this story.
- CAT Caterpillar-23.2% 30d
Caterpillar (construction machinery and equip): importers and exporters pay or lose sales when tariffs change. Linked by “tariff” (tariffs and trade) in this story.
- DE Deere-0.6% 30d
Deere (farm machinery and equipment): importers and exporters pay or lose sales when tariffs change. Linked by “tariff” (tariffs and trade) in this story.
- WMT Walmart+12.9% 30d
Walmart (variety stores): importers and exporters pay or lose sales when tariffs change. Linked by “tariff” (tariffs and trade) in this story.
Price reaction, T-5 to T+3
| Ticker | T-5 | T-3 | T-1 | T0 | T+1 | T+2 | T+3 |
|---|---|---|---|---|---|---|---|
| DBA | +2.11% | +1.22% | base | -0.47% | after close | after close | after close |
| WEAT | +0.68% | +1.09% | base | +0.34% | after close | after close | after close |
| XLI | -1.66% | -2.29% | base | -1.86% | after close | after close | after close |
| ADM | +9.32% | +8.87% | base | -0.88% | after close | after close | after close |
| BG | +6.38% | +2.04% | base | +3.37% | after close | after close | after close |
| CAT | +14.53% | -0.17% | base | -5.91% | after close | after close | after close |
| DE | -3.81% | +1.40% | base | -0.59% | after close | after close | after close |
| WMT | -4.79% | -1.04% | base | +4.07% | after close | after close | after close |
Closing-price change versus T-1, the last close before the story. T0 to T+3 fill in after each market close. Prices: Alpaca IEX.
Wheat Market Briefing: Stable Prices and U.S.–Canada Machinery Tariff Risks CMB News
Source: CMB News
Price since this story was published: Invesco Db Agriculture Fund (DBA)
| Company | When | Move | Status |
|---|---|---|---|
| Archer-Daniels-Midland (ADM) | that day | -0.88% | still updating |
| Archer-Daniels-Midland (ADM) | three days earlier | +8.87% | final price |
| Archer-Daniels-Midland (ADM) | five days earlier | +9.32% | final price |
| Bunge Global (BG) | that day | +3.37% | still updating |
| Bunge Global (BG) | three days earlier | +2.04% | final price |
| Bunge Global (BG) | five days earlier | +6.38% | final price |
| Caterpillar (CAT) | that day | -5.91% | still updating |
| Caterpillar (CAT) | three days earlier | -0.17% | final price |
| Caterpillar (CAT) | five days earlier | +14.53% | final price |
| Invesco Db Agriculture Fund (DBA) | that day | -0.47% | still updating |
| Invesco Db Agriculture Fund (DBA) | three days earlier | +1.22% | final price |
| Invesco Db Agriculture Fund (DBA) | five days earlier | +2.11% | final price |
| Deere (DE) | that day | -0.59% | still updating |
| Deere (DE) | three days earlier | +1.40% | final price |
| Deere (DE) | five days earlier | -3.81% | final price |
| Teucrium Commodity Trust (WEAT) | that day | +0.34% | still updating |
| Teucrium Commodity Trust (WEAT) | three days earlier | +1.09% | final price |
| Teucrium Commodity Trust (WEAT) | five days earlier | +0.68% | final price |
| Walmart (WMT) | that day | +4.07% | still updating |
| Walmart (WMT) | three days earlier | -1.04% | final price |
| Walmart (WMT) | five days earlier | -4.79% | final price |
| Select Sector Spdr Tr (XLI) | that day | -1.86% | still updating |
| Select Sector Spdr Tr (XLI) | three days earlier | -2.29% | final price |
| Select Sector Spdr Tr (XLI) | five days earlier | -1.66% | final price |
Congressional trades in the stocks in this story
- Rep. Lisa McClain bought Caterpillar (CAT) (held by a spouse), worth $1,001 - $15,000 on 28 Sep 2026. That is 37 days before publication. Filed 12 Oct 2026. View the filing.
- Rep. Pete Sessions sold Walmart (WMT) (held by a spouse), worth $50,001 - $100,000 on 2 Oct 2026. That is 33 days before publication. Filed 27 Oct 2026. View the filing.
- Rep. Jonathan Jackson sold Walmart (WMT) (jointly held), worth $50,001 - $100,000 on 28 Sep 2026. That is 37 days before publication. Filed 19 Oct 2026. View the filing.
- Rep. Rohit Khanna bought Walmart (WMT) (held by a spouse), worth $1,001 - $15,000 on 25 Sep 2026. That is 40 days before publication. Filed 7 Oct 2026. View the filing.
Public disclosure filings, not a recommendation. The filing link is the source document. News use of these reports still sits under 5 U.S.C. § 13107(c).
Who gains and who loses around Invesco Db Agriculture Fund (DBA)
Companies carried with this story
- DBA Invesco Db Agriculture Fund
For “Wheat Market Briefing: Stable Prices and U.S.–Canada Machinery Tariff Risks,” Invesco Db Agriculture Fund (DBA) is linked, with no stored direction, medium confidence. Reason on file: Invesco DB Agriculture Fund: it follows farm commodity prices. Linked by “wheat” (grains and farm goods) in this story
- WEAT Teucrium Commodity Trust
For “Wheat Market Briefing: Stable Prices and U.S.–Canada Machinery Tariff Risks,” Teucrium Commodity Trust (WEAT) is linked, with no stored direction, medium confidence. Reason on file: Teucrium Wheat Fund: it follows farm commodity prices. Linked by “wheat” (grains and farm goods) in this story
- XLI Select Sector Spdr Tr
In “Wheat Market Briefing: Stable Prices and U.S.–Canada Machinery Tariff Risks,” Select Sector Spdr Tr (XLI) is linked, with no stored direction, medium confidence. Reason on file: Industrial Select Sector SPDR: it holds companies hit by import costs and trade rules. Linked by “tariff” (tariffs and trade) in this story
- ADM Archer-Daniels-Midland
For “Wheat Market Briefing: Stable Prices and U.S.–Canada Machinery Tariff Risks,” Archer-Daniels-Midland (ADM) is linked, with no stored direction, medium confidence. Reason on file: Archer-Daniels-Midland (fats and oils): crop traders and farm suppliers move with grain prices and trade. Linked by “wheat” (grains and farm goods) in this story
- BG Bunge Global
Bunge Global (BG) is linked, with no stored direction, medium confidence in the 4 Nov 2026 story “Wheat Market Briefing: Stable Prices and U.S.–Canada Machinery Tariff Risks.” Reason on file: Bunge Global (fats and oils): crop traders and farm suppliers move with grain prices and trade. Linked by “wheat” (grains and farm goods) in this story
- CAT Caterpillar
Caterpillar (CAT) is linked, with no stored direction, medium confidence in the 4 Nov 2026 story “Wheat Market Briefing: Stable Prices and U.S.–Canada Machinery Tariff Risks.” Reason on file: Caterpillar (construction machinery and equip): importers and exporters pay or lose sales when tariffs change. Linked by “tariff” (tariffs and trade) in this story
- DE Deere
In “Wheat Market Briefing: Stable Prices and U.S.–Canada Machinery Tariff Risks,” Deere (DE) is linked, with no stored direction, medium confidence. Reason on file: Deere (farm machinery and equipment): importers and exporters pay or lose sales when tariffs change. Linked by “tariff” (tariffs and trade) in this story
- WMT Walmart
For “Wheat Market Briefing: Stable Prices and U.S.–Canada Machinery Tariff Risks,” Walmart (WMT) is linked, with no stored direction, medium confidence. Reason on file: Walmart (variety stores): importers and exporters pay or lose sales when tariffs change. Linked by “tariff” (tariffs and trade) in this story
Invesco Db Agriculture Fund (DBA)
Invesco Db Agriculture Fund (DBA) is the company in “Wheat Market Briefing: Stable Prices and U.S.–Canada Machinery Tariff Risks,” the 4 Nov 2026 this story story.
For Invesco Db Agriculture Fund (DBA), the reason on file says Invesco DB Agriculture Fund: it follows farm commodity prices. Linked by “wheat” (grains and farm goods) in this story
Teucrium Commodity Trust (WEAT) is here too. Its reason reads: Teucrium Wheat Fund: it follows farm commodity prices. Linked by “wheat” (grains and farm goods) in this story
The price range for Invesco Db Agriculture Fund (DBA), and the dates in the story
DBA traded between 26.80 and 28.86 across 20 sessions. The latest close on file is 26.80. WEAT traded between 24.46 and 26.41 across 11 sessions. The latest close on file is 25.07. XLI traded between 163.00 and 172.33 across 20 sessions. The latest close on file is 169.73.
How strong the case is around Invesco Db Agriculture Fund (DBA)
46 out of 100Price not final
“Wheat Market Briefing: Stable Prices and U.S.–Canada Machinery Tariff Risks” scores 46 out of 100. The score uses 1 sources, and 8 linked companies. The price is not final yet.