Loading…
President Biden has not yet decided whether to lift some of the $370 billion in tariffs on Chinese imports imposed under the Trump administration. Analysts are doubtful relief will happen soon, and any cuts would not directly affect US farm exports to China.
Tariff relief could improve US ag export prospects and lower input costs, but the uncertainty leaves prices largely unchanged for now.
agweb.comMichelle RookJul 13, 2022After 554 past neutral policy events, Soybeans moved a median +0.0% over 5 sessions (51% higher; middle half -1.4% to +1.6%), and +0.6% 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.
