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Farm groups are frustrated that the U.S. backed Argentina while China has made no purchases of U.S. sorghum or soybeans. China bought about 1.3 million tonnes of Argentine soybeans after Argentina waived its export taxes, following a proposed $20 billion U.S. currency swap for Argentina.
Chinese buying shifting to Argentina keeps U.S. sorghum and soybean export demand weak, which weighs on domestic cash prices.
dtnpf.comChris ClaytonSep 25, 2025Not enough comparable past events yet for a historical read.
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.
