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China's imports of a basket of US farm products fell more than 43% year on year in value in May 2025, with shipments of sorghum and corn almost halting. Experts say Beijing's diversification of food supplies may be difficult to reverse.
Lasting loss of Chinese demand for U.S. sorghum, corn and other farm goods would weigh on U.S. export prices and basis.
scmp.comMia NurmamatJun 23, 2025Not enough comparable past events yet for a historical read.
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.
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.
