
The American Farm Bureau Federation Market Intel report says US agricultural exports were valued at $175.5 billion in 2023 and supported $362.4 billion in total economic output. It highlights non-tariff barriers and recent trade policy developments ahead of the August 1 tariff deadline.
The report frames how much US farm output depends on export demand, which is the key risk if the August 1 tariff deadline triggers retaliation. It does not itself change current export flows.
After 1,982 past trade events, Corn moved a median +0.1% over 5 sessions (52% higher; middle half -1.3% to +1.6%), and +0.4% over 20.
After 1,802 past trade events, Soybeans moved a median +0.1% over 5 sessions (52% higher; middle half -1.5% to +1.7%), and +0.7% over 20.
After 1,079 past trade events, Wheat (SRW) moved a median -0.0% over 5 sessions (49% higher; middle half -1.6% to +1.7%), and +0.2% 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.