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USDA data cited by Nikkei show China has placed no orders for U.S. corn and soybeans since January 16, 2025. Trump's tariffs on Chinese goods reached up to 145%, prompting a 125% Chinese tariff on U.S. products.
The absence of Chinese orders and the prohibitive tariff rates reduce export demand for U.S. grains and push U.S. prices lower relative to competitors.
world-grain.comArvin DonleyApr 21, 2025After 803 past bearish trade events, SOY 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.
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.
