Trade and US Agriculture: What to Expect from the Biden Administration

After 250 past neutral trade events, Soybeans moved a median +0.0% over 5 sessions (50% higher; middle half -1.4% to +1.6%), and -0.2% over 20.

• Jan 21, 2021Biden administration: New trade policy ahead+0.4%
• Jan 12, 2017FACT SHEET: The Obama Administration’s Record on the Trade Enforcement | whitehouse.gov+6.7%
• Apr 6, 2017US Agriculture Bets the Farm on Chinese Soy Demand+0.4%
• Dec 5, 2017The real question on NAFTA and agriculture-1.6%
• Mar 5, 2025China to boost food imports from Latin America, Europe as US trade war escalates | Reuters+1.4%

After 480 past neutral trade events, Corn moved a median +0.2% over 5 sessions (54% higher; middle half -1.1% to +1.6%), and +0.7% over 20.

• Jan 16, 2020What is the toll of trade wars on U.S. agriculture? | PBS News+0.7%
• Jan 21, 2021Biden administration: New trade policy ahead+3.8%
• Apr 17, 2024Tai Promotes Biden Administration’s Trade Agenda | Red River Farm Network+0.2%
• Nov 4, 2018Recent trade missions to the US connect foreign buyers to American farmers and help foster positive relationships - High Plains Journal+1.8%
• Dec 5, 2017The real question on NAFTA and agriculture+2.8%