China raises concerns with US over export controls, sanctions, tariffs

After 152 past geopolitics events, SOY moved a median +0.1% over 5 sessions (53% higher; middle half -1.6% to +2.1%), and +0.8% over 20.

• Jan 20, 2025China’s yuan rises to over two-week high on positive US-China talk, better economic data - Markets - Business Recorder+1.1%
• Sep 16, 2020WTO finds Washington broke trade rules by putting tariffs on China; ruling angers U.S.+2.8%
• Oct 28, 2020Reading the Soy Leaves: What Soybean Imports Say About China’s 2020 US Election Preferences – The Diplomat-2.1%
• Aug 4, 2019‘Since the end of December we have not sold a single vessel’: Canadian farmers continue to struggle with China’s ban on exports - The Globe and Mail+2.8%
• Mar 21, 2022U.S. wheat, corn, soy rally on concerns about Ukraine-Russia fighting | Financial Post+2.5%

After 464 past geopolitics events, CORN moved a median +0.3% over 5 sessions (54% higher; middle half -1.6% to +2.5%), and +0.5% over 20.

• May 26, 2022Turkey in talks with Russia, Ukraine over grain-export corridor-4.6%
• Mar 1, 2022Concerns rise over Black Sea spring crops amid Russia-Ukraine war | Reuters+4.7%
• Jan 20, 2025China’s yuan rises to over two-week high on positive US-China talk, better economic data - Markets - Business Recorder+0.3%
• Sep 16, 2020WTO finds Washington broke trade rules by putting tariffs on China; ruling angers U.S.+1.1%
• Oct 2, 2024Urea prices in the US experience price rally amid Middle East confrontations-1.1%

After 62 past geopolitics events, SBM moved a median -0.1% over 5 sessions (47% higher; middle half -2.4% to +3.0%), and -0.4% over 20.

• Sep 16, 2020WTO finds Washington broke trade rules by putting tariffs on China; ruling angers U.S.+7.3%
• Jan 20, 2017Boeing and beans on China's blacklist if US trade tensions worsen-1.7%
• Feb 16, 2018ASA: Proposed Steel Tariffs Raise Potential for Retaliation Against U.S. Soybeans - American Soybean Association+0.5%
• Mar 28, 2017Pork and beans could take brunt of China-U.S. trade dispute-2.4%
• Apr 4, 2022Livestock industry concerned over surging maize, soyameal prices - The HinduBusinessLine+2.8%