The U.S.-China Phase 1 Trade Agreement— Purchases of goods and services by China continue to lag dramatically behind commitments

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 27, 2021US-China phase one tracker: China’s purchases of US goods - WITA-0.6%
• Aug 24, 2021China’s "Phase One" trade commitments expire soon, then what? - Brownfield Ag News+0.8%
• Jan 22, 2021China falls short of U.S. trade commitments | The Western Producer-1.2%
• Jan 20, 2026China meets initial soybean purchase goal, but trade agreement faces uncertainty | AP News+0.4%
• Jan 15, 2020What's in the U.S.-China Phase 1 trade deal-1.6%

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 27, 2021US-China phase one tracker: China’s purchases of US goods - WITA+4.7%
• Aug 24, 2021China’s "Phase One" trade commitments expire soon, then what? - Brownfield Ag News-0.4%
• Jan 22, 2021China falls short of U.S. trade commitments | The Western Producer+3.6%
• Jan 15, 2020What's in the U.S.-China Phase 1 trade deal+0.3%
• Mar 12, 2018Syngenta agrees to $1.5 B settlement of corn trait litigation | 2018-03-12 | Agri-Pulse | Agri-Pulse Communications, Inc.+1.7%