
U.S. agricultural exports reached a record in 2021, with October setting an all-time monthly high for exports to China. Analysts discussed trade and market expectations for 2022 at a recent forum.
Strong export momentum supports demand for feed grains and oilseeds, but global uncertainty could limit the outlook for 2022 prices.
After 250 past neutral trade events, Soybeans moved a median +0.0% over 5 sessions (50% higher; middle half -1.4% to +1.6%), and -0.2% over 20.
After 480 past neutral trade events, Corn moved a median +0.2% over 5 sessions (54% higher; middle half -1.1% to +1.6%), and +0.7% 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.