China July trade data: exports growth beats estimates as imports recover

After 563 past neutral report events, Soybeans moved a median -0.1% over 5 sessions (48% higher; middle half -1.7% to +1.6%), and -0.1% over 20.

• Mar 14, 2024U.S. Switches Method to Estimate China's Soy Imports After Data Gap+2.3%
• Aug 1, 2024China's meat sector growth and U.S. grain and oilseed exports-0.8%
• Jun 16, 2016USDA exports - Soybean sales up as China buys-1.6%
• Jul 1, 2019ERS Report: “Interdependence of China, United States, and Brazil in Soybean Trade”-2.7%
• Aug 1, 2026Soybean prices need poor weather, exports to China-1.3%

After 770 past neutral report events, Corn moved a median +0.2% over 5 sessions (54% higher; middle half -1.1% to +1.6%), and +0.7% over 20.

• Aug 1, 2024China's meat sector growth and U.S. grain and oilseed exports-0.1%
• Apr 1, 2025US agricultural exports/imports threatened by Trump trade actions | Reuters+1.0%
• Mar 20, 2026China GAIN Reports: Bigger Domestic Crops, Tighter Import Leash. | Paradigm Futures-0.1%
• May 23, 2024China's imports to determine prices | The Western Producer+1.8%
• Jan 18, 2022USDA estimates ‘I’ state records – AgriNews+2.5%