As new tariffs kick in, what do they mean for U.S. ag?

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.

• Dec 9, 2024Tariffs, competition cloud future of China ag exports | Agri-Pulse Communications, Inc.-0.6%
• Dec 13, 2023House panel calls for targeting China with tariffs, protecting ag from retaliation | Agri-Pulse Communications, Inc.-0.8%
• Aug 6, 2019China revokes tariff exemption on soybeans | 2019-08-06 | Agri-Pulse | Agri-Pulse Communications, Inc.+1.3%
• Jul 1, 2020Cheers for USMCA, but ag concerns persist | 2020-06-30 | Agri-Pulse Communications, Inc.+1.2%
• May 30, 2024Daybreak: Trade deficit grows as China sales weaken | Agri-Pulse Communications, Inc.-3.0%

After 683 past bearish trade events, Corn moved a median -0.2% over 5 sessions (47% higher; middle half -1.7% to +1.6%), and +0.3% over 20.

• Nov 27, 2024Trump's threatened tariffs could raise farmer costs | Agri-Pulse Communications, Inc.-0.1%
• May 17, 2023Mexican argument that corn ban does no harm meets opposition | Agri-Pulse Communications, Inc.+2.4%
• Jul 1, 2020Cheers for USMCA, but ag concerns persist | 2020-06-30 | Agri-Pulse Communications, Inc.+1.9%
• Apr 5, 2023Mexico makes its case against GM white corn | Agri-Pulse Communications, Inc.-0.1%
• Jan 19, 2023Taylor: US tells Mexico biotech corn restrictions won’t stand | Agri-Pulse Communications, Inc.-1.6%