China to Exempt U.S. Soybeans, Pork From Punitive Tariffs

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.

• Sep 24, 2019China gives waivers to importers to buy U.S. soy exempt from tariffs: sources+1.5%
• Oct 16, 2018Two Boatloads of U.S. Soybeans on Their Way to China Despite Tariffs - Caixin Global-3.7%
• Feb 2, 2019Exclusive: China buys U.S. soybeans a day after trade talks - traders-0.4%
• Mar 6, 2020China grants duty exemption on U.S. soybean imports - sources-3.8%
• Jul 24, 2019China Approves Tariff-Free U.S. Soybean Purchases as Goodwill - Bloomberg-0.8%

After 28 past neutral trade events, Lean Hogs moved a median -0.4% over 5 sessions (46% higher; middle half -2.2% to +0.7%), and -0.3% over 20.

• Sep 13, 2019China adds some US farm products for additional tariff exemption-2.4%
• Oct 10, 2019China buys more U.S. soybeans, record volume of pork ahead of trade talks | Reuters+7.4%
• Sep 16, 2019China buys $67 million Worth of U.S. Soybeans as Trade War Eases-5.6%
• Aug 2, 2024China's Soybean Stockpile Surge: Implications for U.S. Export Season - Benison Media-2.2%
• Jan 14, 2020China's pork imports climb 75%+2.6%