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US farmers are seeing crop prices fall and export markets shrink after retaliatory tariffs from buyers of US apples, cheese, potatoes, bourbon and soybeans. Trade disputes with NAFTA partners Canada and Mexico are also cited.
Lost export demand for US soybeans and other farm goods weighs on domestic crop prices and farm income.
reuters.comMark WeinraubJun 18, 2018After 803 past bearish trade events, Soybeans moved a median +0.0% over 5 sessions (51% higher; middle half -1.7% to +1.7%), and +0.9% 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.
