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An NDSU Agricultural Trade Monitor analysis reports China's agricultural imports are down 18% year-to-date, the steepest decline among major markets. US agricultural exports to China fell by $6.1 billion, while grain imports, especially wheat, corn and coarse grains, have collapsed.
Weak Chinese demand for grains and corn reduces export demand, while strong demand for soybean meal and corn elsewhere partly cushions prices.
ideas.repec.orgArita, Shawn, Steinbach, Sandro, Wang, Ming, Zhuang, XitingFeb 2, 2025After 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.
After 788 past bearish report events, SOY moved a median -0.3% over 5 sessions (47% higher; middle half -2.0% to +1.5%), 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.
