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NPR interviews former USDA secretary Ann Veneman about farmer uncertainty over tariffs, USDA downsizing and federal support. Veneman notes that about a quarter of the US soybean crop has been exported to China and that tariffs could cost that market again.
Risk of losing China soybean demand, as in 2018, is a bearish factor for US soybean and meal prices, but this commentary restates known risks rather than announcing a new action.
npr.orgMichelle AslamMar 19, 2025After 803 past bearish trade events, SOY moved a median +0.0% over 5 sessions (51% higher; middle half -1.7% to +1.7%), and +0.9% over 20.
After 384 past bearish trade events, SBM moved a median -0.2% over 5 sessions (47% higher; middle half -1.7% to +1.6%), and -0.5% 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.
