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Top Third Ag analyst Jeff French advises soybean farmers to lock in price floors with new-crop soybeans above $10. He cites continued uncertainty over a possible China trade war and tariffs affecting export markets.
Potential Chinese tariffs threaten US soybean export demand and could pressure prices. Farmers and buyers face wider price risk until trade policy is clearer.
rrfn.comDon WickMay 2, 2018After 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.
After 384 past bearish trade events, Soybean Meal moved a median -0.2% over 5 sessions (47% higher; middle half -1.7% to +1.6%), and -0.5% 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.
