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US Trade Representative Katherine Tai outlined the Biden administration's approach to US-China trade on October 4. The approach centers on enforcing China's phase one commitments, including farm purchases, and working with allies on unfair trading practices.
Tai said China's state-centered economic system has not met global norms.
Enforcing Chinese farm purchase commitments supports US meat and crop export demand. Continued tariffs and friction could still disrupt trade flows and add price volatility.
meatpoultry.comJay SyervenOct 6, 2021After 356 past bullish policy events, Soybeans moved a median +0.1% over 5 sessions (53% higher; middle half -1.2% to +2.3%), and -0.9% 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.
