China races to modernize pork production, pushing up corn and soy demand

After 729 past bullish trade events, CORN moved a median +0.4% over 5 sessions (56% higher; middle half -1.1% to +1.8%), and +0.5% over 20.

• Dec 31, 2020China heads to end of 2020 with big imports of US soy, wheat, sorghum and corn | 2020-12-31 | Agri-Pulse Communications, Inc.+6.2%
• May 23, 2018US seeks to more than double ag exports in talks with China | 2018-05-23 | Agri-Pulse | Agri-Pulse Communications, Inc.-0.5%
• Jan 15, 2020China deal to open flood gates for US ag trade | 2020-01-15 | Agri-Pulse Communications, Inc.+0.3%
• Apr 4, 2022China makes big US corn purchase as war continues to block Ukraine exports | 2022-04-04 | Agri-Pulse Communications, Inc.+5.4%
• Jun 8, 2022Yellen critical of US tariffs on China | 2022-06-08 | Agri-Pulse Communications, Inc.-1.5%

After 696 past bullish trade events, SOY moved a median +0.3% over 5 sessions (54% higher; middle half -1.3% to +1.9%), and +0.7% over 20.

• Jul 22, 2020China ramps up US soy purchases on good prices | 2020-07-22 | Agri-Pulse Communications, Inc.+0.0%
• Aug 10, 2020China soy-buying binge from US continues | 2020-08-10 | Agri-Pulse Communications, Inc.+3.8%
• Dec 31, 2020China heads to end of 2020 with big imports of US soy, wheat, sorghum and corn | 2020-12-31 | Agri-Pulse Communications, Inc.+4.4%
• Jun 30, 2021China signals another strong year of importing US soy | 2021-06-29 | Agri-Pulse Communications, Inc.+2.0%
• May 23, 2018US seeks to more than double ag exports in talks with China | 2018-05-23 | Agri-Pulse | Agri-Pulse Communications, Inc.-0.7%