US-China phase one tracker: China’s purchases of US goods

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.

• Apr 25, 2021The U.S.-China Phase 1 Trade Agreement— Purchases of goods and services by China continue to lag dramatically behind commitments - WITA+2.0%
• Jan 15, 2020What's in the U.S.-China Phase 1 trade deal-1.6%
• Sep 25, 2025China signals that purchases of US soybeans hinge on tariff removal | Reuters+0.4%
• Oct 18, 2019After trade talks in U.S., China ramps up Brazilian soy purchases+0.2%
• Nov 14, 2019Trade talks hit bump as China resists US demands on agricultural purchases+0.3%

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.

• Apr 25, 2021The U.S.-China Phase 1 Trade Agreement— Purchases of goods and services by China continue to lag dramatically behind commitments - WITA+13.6%
• Jan 15, 2020What's in the U.S.-China Phase 1 trade deal+0.3%
• Dec 10, 2019Soybeans extend gains as Chinese purchases stir hopes of U.S.-China deal | Financial Post+4.3%
• Aug 23, 2019China strikes back at U.S. with new tariffs on $75 billion in goods | Reuters+1.8%
• Jul 22, 2026China's US Ag Purchases Slightly Lag, But Year-End Target | NewsFormal+0.7%

Not enough comparable past events yet for a historical read.