
The US and China held the first meeting of their new trade council, discussing tariffs, a proposed reciprocal tariff-cut arrangement and farm trade, but no agreement was announced. A Reuters analysis cited in the article found Chinese purchases of US farm goods other than soybeans are on track for a seven-year low.
Weak Chinese buying of US farm goods outside soybeans keeps export demand soft, while an unresolved tariff deal leaves uncertainty over soybean trade. Soybean futures closed at 1,243 cents, 6.4% below the September peak.
After 253 past neutral trade events, Soybeans moved a median +0.0% over 5 sessions (51% higher; middle half -1.4% to +1.7%), and -0.2% over 20.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.