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The American Farm Bureau says the WTO ruling against China's retaliatory tariffs on US exports remains important despite compliance difficulties. Tariffs on corn, soybeans and pork remain in place, and officials say bilateral negotiation is needed to resolve them.
Remaining Chinese tariffs on US corn, soybeans and pork keep US exports less competitive in China, though commentary suggests trade flows may continue.
iowaagribusinessradionetwork.comMark MagnusonSep 4, 2023After 310 past bearish policy events, Corn moved a median +0.3% over 5 sessions (54% higher; middle half -1.4% to +1.9%), and +0.6% over 20.
After 369 past bearish policy events, Soybeans moved a median -0.2% over 5 sessions (46% higher; middle half -1.7% to +1.8%), and +0.8% over 20.
After 34 past bearish policy events, Lean Hogs moved a median -0.3% over 5 sessions (41% higher; middle half -1.6% to +1.3%), and -1.8% 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.
