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Farmers and ranchers have been hit hard by the US trade war with China and its retaliatory tariffs. State lawmakers say they still see room for higher tariffs on China.
Continued tariff escalation keeps US export demand for farm goods, especially soybeans, at risk and supports pressure on farm prices.
After 803 past bearish trade events, Soybeans moved a median +0.0% over 5 sessions (51% higher; middle half -1.7% to +1.7%), and +0.9% 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.