Ag Exports to Take Hit in 2023 and Tariffs on Chinese Imports to Stay - AG INFORMATION NETWORK OF THE WEST

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.

• Aug 23, 2019China to impose extra tariffs on U.S. soy, beef and pork+1.8%
• Mar 4, 2025China slaps extra tariffs of up to 15% on imports of major US farm exports | AP News+3.2%
• Jul 20, 2018Trump threatens tariffs on all $500 billion of Chinese imports-1.7%
• Jan 11, 2017China slaps punitive tariffs on US ethanol and DDG exports : The Daily Digest+0.0%
• Sep 26, 2022Chinese demand for grain imports takes tumble | The Western Producer-1.4%

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.

• Nov 28, 2025Farm Safety Net Funds Approved and Trump Lifts Brazilian Tariffs - AG INFORMATION NETWORK OF THE WEST-1.1%
• Aug 23, 2019China to impose extra tariffs on U.S. soy, beef and pork+0.0%
• Mar 4, 2025China slaps extra tariffs of up to 15% on imports of major US farm exports | AP News+0.2%
• Jul 20, 2018Trump threatens tariffs on all $500 billion of Chinese imports+1.8%
• Feb 29, 2024China Tariff War Revisited: U.S. Exports Of Oil Surged In 2023+0.6%

After 121 past bearish trade events, Live Cattle moved a median -0.6% over 5 sessions (40% higher; middle half -1.6% to +0.8%), and -0.3% over 20.

• Nov 28, 2025Farm Safety Net Funds Approved and Trump Lifts Brazilian Tariffs - AG INFORMATION NETWORK OF THE WEST+1.0%
• Aug 23, 2019China to impose extra tariffs on U.S. soy, beef and pork+0.5%
• Feb 11, 2021Imports of Cattle and Beef Hit Historical High in 2020 - R-CALF USA-0.3%
• May 23, 2020Barley farmers say bumper crops and Chinese tariffs will leave them nowhere to sell+3.1%
• Jun 6, 2019Ranchers In The U.S. And Mexico Hope Tariffs Don't Get In The Way Of Beef Market : NPR-0.0%