
US Customs data show more than $96 billion in tariffs collected from China under the Section 301 trade war. China's retaliatory tariffs on US farm goods remain partly in place, with ad hoc temporary lifts on some commodities.
Ongoing retaliatory tariffs on US soybeans, pork and sorghum keep Chinese demand for these US feed inputs constrained, a modest bearish factor for US feed grain and protein prices.
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.
Not enough comparable past events yet for a historical read.
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.