Loading…

Trump pledged to press Xi Jinping to resume US soybean purchases during their planned meeting in South Korea. Soybean prices rose on the signal as farmers continued to lose their largest customer.
Political signals of a Chinese return to US soybeans support prices and forward sales. Actual purchases are needed before the price effect becomes durable.
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.
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.