
Chinese grain purchases have remained steady since House Speaker Nancy Pelosi's Taiwan visit, with at least 262,000 tons of US soybeans and 133,000 tons of US corn bought since then. November soybean futures rose $0.28 after the visit, recovering from earlier steep losses on Chinese demand concerns.
Continued Chinese purchases of US soybeans and corn despite political tensions support US feed grain and soybean prices. Recovering futures reflect reduced fear of a trade disruption.
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.
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.
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.