Will the Dual Circulation Strategy Enable China to Compete in a Post-Pandemic World?

After 456 past macro events, Soybeans moved a median -0.0% over 5 sessions (50% higher; middle half -2.1% to +1.6%), and -0.4% over 20.

• Jan 17, 2023China's 2022 economic growth one of the worst on record, post-pandemic policy faces test | Reuters-3.1%
• Jan 27, 2017World events and their effect on agricultural commodity prices-1.2%
• Sep 29, 2017Can the US dollar make a comeback? | South China Morning Post+0.9%
• Apr 30, 2021Inflation-tolerant Fed will boost commodity prices | Reuters+4.1%
• Aug 25, 2022Inflation-hit world cheers China’s falling yuan | Reuters-3.4%

After 541 past macro events, Corn moved a median +0.0% over 5 sessions (50% higher; middle half -1.6% to +1.4%), and -0.1% over 20.

• Jan 17, 2023China's 2022 economic growth one of the worst on record, post-pandemic policy faces test | Reuters-1.8%
• Feb 17, 2021Fed minutes show willingness to steer past coming jump in inflation | Reuters+0.3%
• Jul 21, 2026Protein inflation surges as costlier fodder pushes up milk, chicken prices - The Economic Times-0.2%
• Jan 27, 2017World events and their effect on agricultural commodity prices+2.2%
• Sep 6, 2019China cuts reserve ratio as it boosts stimulus amid trade woes | The National-1.8%

After 238 past macro events, Soybean Meal moved a median -0.6% over 5 sessions (40% higher; middle half -2.1% to +1.7%), and -0.5% over 20.

• May 16, 2017Obstacles in Asia impact world feed production | Feed Strategy-1.5%
• Apr 27, 2023Argentina seeks to tame inflation, peso with biggest rate hike since 2019 | Financial Post-0.7%
• Jan 27, 2020Due to oil prices on the world market, the prices of all commodities are rising – Lider Media-2.4%
• Aug 21, 2020More sustainable meat production with low-protein, amino acid enriched feeds | The Poultry Site+0.4%
• Oct 29, 2026The sharp fall in the real exchange rate has caused soybean meal prices to collapse in Brazil and China, which is increasing pressure on prices in Ukraine.-3.3%