U.S.-China tariff détente holds as officials eye more ag purchases

After 696 past bullish trade events, Soybeans moved a median +0.3% over 5 sessions (54% higher; middle half -1.3% to +1.9%), and +0.7% over 20.

• Jul 17, 2020Daybreak July 17: China maintains swift pace of ag purchases | 2020-07-17 | Agri-Pulse Communications, Inc.+1.4%
• Jul 22, 2020China ramps up US soy purchases on good prices | 2020-07-22 | Agri-Pulse Communications, Inc.+0.0%
• Jun 8, 2022Yellen critical of US tariffs on China | 2022-06-08 | Agri-Pulse Communications, Inc.-1.7%
• May 23, 2018US seeks to more than double ag exports in talks with China | 2018-05-23 | Agri-Pulse | Agri-Pulse Communications, Inc.-0.7%
• Jan 22, 2025Can the phase one deal shield U.S. farmers from tariff retaliation? | Agri-Pulse Communications, Inc.-2.1%

After 729 past bullish trade events, Corn moved a median +0.4% over 5 sessions (56% higher; middle half -1.1% to +1.8%), and +0.5% over 20.

• Jul 17, 2020Daybreak July 17: China maintains swift pace of ag purchases | 2020-07-17 | Agri-Pulse Communications, Inc.-0.2%
• Jun 8, 2022Yellen critical of US tariffs on China | 2022-06-08 | Agri-Pulse Communications, Inc.-1.5%
• May 23, 2018US seeks to more than double ag exports in talks with China | 2018-05-23 | Agri-Pulse | Agri-Pulse Communications, Inc.-0.5%
• Jan 22, 2025Can the phase one deal shield U.S. farmers from tariff retaliation? | Agri-Pulse Communications, Inc.-0.8%
• Apr 4, 2022China makes big US corn purchase as war continues to block Ukraine exports | 2022-04-04 | Agri-Pulse Communications, Inc.+5.4%