China's role in US agriculture isn't what it used to be

After 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.

• Nov 2, 2023U.S. farm leaders, visiting China, talk up agriculture trade | Reuters+4.5%
• Mar 4, 2025Which U.S. agricultural products did China hit with tariffs? | Reuters+0.2%
• Dec 13, 2023US lawmakers push to increase tariffs in trade ‘reset’ with China | Agriculture Dive-0.8%
• Jun 16, 2018China hits U.S. agriculture with retaliation-1.2%
• May 14, 2024What the US-China trade looks like by sector | Reuters+3.5%

After 384 past bearish trade events, Soybean Meal moved a median -0.2% over 5 sessions (47% higher; middle half -1.7% to +1.6%), and -0.5% over 20.

• Mar 4, 2025Which U.S. agricultural products did China hit with tariffs? | Reuters+1.6%
• May 14, 2024What the US-China trade looks like by sector | Reuters+2.9%
• Aug 10, 2018China expects its U.S. agricultural imports to fall sharply - Grainews+0.2%
• Aug 23, 2019China strikes back at U.S. with new tariffs on $75 billion in goods | Reuters-0.6%
• Nov 18, 2016Trump's tough talk on China risks impacting agriculture and food trade+3.0%