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US soybean futures dropped after Trump confirmed he would postpone his trip to China for trade talks. He said the summit with Xi would now take place in about five or six weeks instead of at the end of March, and had earlier linked the delay to the war with Iran.
A later summit delays the expected confirmation of Chinese soybean purchase commitments, weighing on US soybean prices in the near term.
After 803 past bearish trade events, SOY moved a median +0.0% over 5 sessions (51% higher; middle half -1.7% to +1.7%), and +0.9% 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.