US-China Relations Stabilize as Xi and Trump Secure Tariff Reductions

After 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.

• Apr 15, 2019China to consider US request to shift tariffs on farm goods - The Business Times-2.0%
• Dec 29, 2020Soybean complex temporary tariff reduction to end in January+7.5%
• Oct 2, 2026US and China Unveil $30 Billion Tariff-Cut Framework for Agricultural Exports - Beijing Post+0.3%
• Sep 28, 2023Crop Traders Urge Argentina to Liberalize Soy Production and Exports Ahead of Election-2.3%
• May 13, 2022US-China Trade War Tariffs Have Hurt American Industries, Workers+1.8%

After 318 past bullish policy events, Corn moved a median -0.1% over 5 sessions (48% higher; middle half -1.4% to +1.5%), and -0.2% over 20.

• Apr 15, 2019China to consider US request to shift tariffs on farm goods - The Business Times+0.4%
• May 11, 2018China looking to rely less on US for soybeans-0.1%
• Oct 2, 2026US and China Unveil $30 Billion Tariff-Cut Framework for Agricultural Exports - Beijing Post-1.6%
• Nov 17, 2023China fertilizer group calls for export cuts to stabilize prices-1.2%
• Nov 23, 2019China Focus: Pig farmers keen on expanding stock as China drums up pork production - Xinhua | English.news.cn+1.6%

Not enough comparable past events yet for a historical read.