CBOT wheat down as China imposes tariffs on US pdts.

Wheat futures on the CBOT fell nearly 1% today after China imposed 25% tariffs on 106 products imported from the US. US products on Beijing’s tariff list include soybean, automobiles, chemicals, whisky, cigars, some types of beef, corn and wheat. China’s move comes after the US imposed duties on imports of 1,300 Chinese goods worth $50 bln.