
North Dakota State University launched its Agricultural Trade Monitor, examining U.S. agricultural exports amid retaliatory tariffs. It notes China's average tariffs on U.S. farm goods reached over 125% by April 2025 before a 90-day truce in May cut many to a 10% baseline.
The analysis highlights how tariff barriers have restricted U.S. access to China, supporting a cautious outlook for U.S. soybean, corn and sorghum demand.
After 788 past bearish report events, Soybeans moved a median -0.3% over 5 sessions (47% higher; middle half -2.0% to +1.5%), and -0.9% over 20.
After 1,102 past bearish report events, Corn moved a median -0.2% over 5 sessions (47% higher; middle half -1.8% to +1.3%), and +0.0% 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.