
CoBank analysis says China will remain an active buyer of US grain through the 2021-22 marketing year, driven by pork production growth and feed demand. Chinese buyers are now waiting for price dips before committing, after record prices peaked in May.
China's shift to opportunistic buying adds volatility and can cap US feed grain prices, though underlying import demand remains firm.
After 480 past neutral trade events, Corn moved a median +0.2% over 5 sessions (54% higher; middle half -1.1% to +1.6%), and +0.7% over 20.
After 250 past neutral trade events, Soybeans moved a median +0.0% over 5 sessions (50% higher; middle half -1.4% to +1.6%), and -0.2% 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.