Sec. Perdue Optimistic About China Reaching Phase One Targets

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.

• May 13, 2020Market analyst optimistic about Phase One trade deal | Iowa Agribusiness Radio Network-0.3%
• Aug 2, 2020China Makes (Another) Record U.S. Corn Purchase in July, But Achieving Phase One Targets May Still be a Stretch | Farm Policy News | Illinois-1.4%
• Jan 5, 2021Phase One Ag Targets Lag, But U.S. Soybean and Corn Exports to China Surge | Farm Policy News | Illinois+3.1%
• Feb 21, 2020To meet goals, China will be 'ramping up' U.S. ag purchases, says Perdue-3.1%
• Nov 29, 2017China imports corn as domestic prices rise – Customs Today Newspaper+1.6%

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

• May 13, 2020ADM still optimistic China's U.S. farm products buying will hit Phase 1 target-0.8%
• May 13, 2020Market analyst optimistic about Phase One trade deal | Iowa Agribusiness Radio Network-0.8%
• Jan 5, 2021Phase One Ag Targets Lag, But U.S. Soybean and Corn Exports to China Surge | Farm Policy News | Illinois+4.4%
• Feb 26, 2019Rupiah strengthens 26 points on optimism about US-China trade agreement - ANTARA News-0.9%
• Feb 21, 2020To meet goals, China will be 'ramping up' U.S. ag purchases, says Perdue-0.7%

After 431 past bullish trade events, Wheat (SRW) moved a median +0.0% over 5 sessions (50% higher; middle half -1.3% to +2.1%), and +0.5% over 20.

• Oct 11, 2019Trump announces 'phase one' trade deal with China+4.8%
• Dec 16, 2019Factbox: What is actually in the U.S.-China 'Phase One' trade deal?+2.0%
• Feb 25, 2020US: China lifts some trade barriers in phase one | 2020-02-25 | Agri-Pulse Communications, Inc.-0.2%
• Jan 3, 2022Trade with China boosting ag exports to record levels – AgriNews-0.4%
• May 27, 2020China buys more; will it be enough for Phase One?-0.9%