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China announced retaliatory tariffs of 10% on US soybeans, sorghum, pork, beef, and dairy, and 15% on wheat, corn, cotton, and chicken, effective March 10. The analysis notes that US soybeans already faced a 30.5% effective tariff and that China's response has been relatively restrained.
Added duties on US grains and oilseeds shift Chinese demand toward Brazil and other origins, weighing on US export prices and feed grain demand.
soygrowers.comMar 13, 2025After 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.
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.
After 375 past bearish trade events, Wheat (SRW) moved a median -0.2% over 5 sessions (47% higher; middle half -2.0% to +1.1%), and -0.1% over 20.
Not enough comparable past events yet for a historical read.
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.
