China and U.S. seek tariff rollback on farm products

After 696 past bullish trade events, SOY moved a median +0.3% over 5 sessions (54% higher; middle half -1.3% to +1.9%), and +0.7% over 20.

• Sep 13, 2019China adds some US farm products for additional tariff exemption+1.1%
• Jul 1, 2019What extra U.S. farm products could China buy?-2.7%
• May 13, 2020ADM still optimistic China's U.S. farm products buying will hit Phase 1 target-0.8%
• Oct 31, 2019Exclusive: Beijing could ax extra tariffs on U.S. farm products to boost imports - China trade association chief-0.1%
• Feb 1, 2021China buys U.S. ag products, helps boost market prices - Texas Farm Bureau-0.2%

After 729 past bullish trade events, CORN moved a median +0.4% over 5 sessions (56% higher; middle half -1.1% to +1.8%), and +0.5% over 20.

• Oct 31, 2019Exclusive: Beijing could ax extra tariffs on U.S. farm products to boost imports - China trade association chief+0.9%
• Feb 1, 2021China buys U.S. ag products, helps boost market prices - Texas Farm Bureau+0.8%
• Aug 23, 2018China's July grain imports plunge as tariffs on U.S. supplies bite | Farmtario-1.9%
• Feb 21, 2019China proposes to buy $30 billion more in U.S. ag products-0.3%
• Oct 5, 2021China’s buying — and U.S. farms cashing in-1.3%

Not enough comparable past events yet for a historical read.