
Agri-Pulse previews the week ahead in Washington, with a possible government shutdown looming as Congress returns from recess. The USTR will hold a hearing on a case seeking retaliation against Brazil over its ethanol tariffs and deforestation practices.
A USTR action against Brazil over ethanol could affect Brazilian trade flows and sentiment in soybeans and corn, but the hearing itself is not yet a market-moving decision.
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.