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Doubts are growing over whether China will meet its pledge to buy US soybeans. Sales since the summit totaled only about 332,000 metric tons, well short of the promised volumes.
Shortfalls against the purchase pledge weaken the demand outlook for US soybeans and keep prices under pressure.
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.
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.