Loading…
A coalition of agricultural and business groups asked the Biden administration to remove Section 232 and Section 301 import tariffs. The group said retaliatory tariffs have hurt US agricultural trade.
Removing tariffs could reopen export access and improve trade flows for US farm goods, but the request has not been acted on and its price effect is uncertain.
rrfn.comDon WickMar 25, 2021After 1,623 past policy events, Corn moved a median +0.1% over 5 sessions (51% higher; middle half -1.4% to +1.5%), and +0.4% over 20.
After 1,905 past policy events, Soybeans moved a median +0.1% over 5 sessions (52% higher; middle half -1.4% to +1.8%), and +0.2% over 20.
After 1,019 past policy events, Wheat (SRW) moved a median -0.1% over 5 sessions (49% higher; middle half -1.7% to +1.5%), and +0.2% 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.
