China deal to open flood gates for US ag trade

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.

• Feb 25, 2020US: China lifts some trade barriers in phase one | 2020-02-25 | Agri-Pulse Communications, Inc.+0.4%
• Jun 8, 2022Yellen critical of US tariffs on China | 2022-06-08 | Agri-Pulse Communications, Inc.-1.5%
• Jul 17, 2020Daybreak July 17: China maintains swift pace of ag purchases | 2020-07-17 | Agri-Pulse Communications, Inc.-0.2%
• May 23, 2018US seeks to more than double ag exports in talks with China | 2018-05-23 | Agri-Pulse | Agri-Pulse Communications, Inc.-0.5%
• Dec 31, 2020China heads to end of 2020 with big imports of US soy, wheat, sorghum and corn | 2020-12-31 | Agri-Pulse Communications, Inc.+6.2%

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.

• Feb 25, 2020US: China lifts some trade barriers in phase one | 2020-02-25 | Agri-Pulse Communications, Inc.+1.9%
• Jul 22, 2020China ramps up US soy purchases on good prices | 2020-07-22 | Agri-Pulse Communications, Inc.+0.0%
• Aug 10, 2020China soy-buying binge from US continues | 2020-08-10 | Agri-Pulse Communications, Inc.+3.8%
• Jun 8, 2022Yellen critical of US tariffs on China | 2022-06-08 | Agri-Pulse Communications, Inc.-1.7%
• Jul 17, 2020Daybreak July 17: China maintains swift pace of ag purchases | 2020-07-17 | Agri-Pulse Communications, Inc.+1.4%

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.

• Feb 25, 2020US: China lifts some trade barriers in phase one | 2020-02-25 | Agri-Pulse Communications, Inc.-0.2%
• Jul 17, 2020Daybreak July 17: China maintains swift pace of ag purchases | 2020-07-17 | Agri-Pulse Communications, Inc.+0.3%
• Dec 31, 2020China heads to end of 2020 with big imports of US soy, wheat, sorghum and corn | 2020-12-31 | Agri-Pulse Communications, Inc.+4.1%
• Feb 18, 2020China takes steps to make good on trade deal-0.9%
• Oct 27, 2025U.S. grains: Soy hits four-month high on hopes for China trade deal - Manitoba Co-operator+3.8%

After 189 past bullish trade events, Rough Rice moved a median +0.2% over 5 sessions (52% higher; middle half -1.7% to +2.4%), and +1.0% over 20.

• Mar 23, 2020Ephemeral spike in demand in India’s food sector owing to Covid-19: TPCI - Trade Promotion Council of India+5.2%
• Jul 29, 2020Commentary: COVID-19 temporary trade restrictions on rice and its implications for South Africa – NAMC | National Agricultural Marketing Council+1.3%
• May 15, 2020COVID-19-related trade restrictions on rice and wheat could drive up prices and increase hunger-7.9%
• Jul 24, 2018China clears 14 Indian rice companies for export amid trade war with US | Economy & Policy News - Business Standard-0.3%
• Apr 18, 2019United States Wins Dispute Finding China’s Administration of Grain Tariff-Rate Quotas Breaches WTO Commitments | USDA-3.1%