
China's retaliatory tariffs on U.S. goods now total up to 34% on U.S. soybeans, and they also affect U.S. sorghum, corn and cotton exports. The tariffs make soybeans from other countries cheaper for Chinese buyers.
Tariffs on U.S. grain and oilseed exports reduce foreign demand for U.S. crops and shift trade flows toward competing exporters. This pressures U.S. soybean, corn and sorghum prices.
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.
After 683 past bearish trade events, Corn moved a median -0.2% over 5 sessions (47% higher; middle half -1.7% to +1.6%), and +0.3% over 20.
Not enough comparable past events yet for a historical read.
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.