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US farm groups are pressing the USTR and Treasury to open talks with China on tariffs and phase one implementation. US soybeans, corn, sorghum and meat have largely avoided Chinese tariffs, while feed ingredients and other products continue to face barriers.
Stalled talks keep tariff uncertainty in place for US feed ingredient exports to China, which could weigh on demand for affected products.
agri-pulse.comBill TomsonAug 11, 2021After 1,982 past trade events, Corn moved a median +0.1% over 5 sessions (52% higher; middle half -1.3% to +1.6%), and +0.4% over 20.
After 1,802 past trade events, Soybeans moved a median +0.1% over 5 sessions (52% higher; middle half -1.5% to +1.7%), and +0.7% over 20.
After 1,079 past trade events, Wheat (SRW) moved a median -0.0% over 5 sessions (49% higher; middle half -1.6% to +1.7%), and +0.2% over 20.
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.
