China's COFCO says soy exports from Brazil to slump on African swine fever crisis; corn to jump

After 803 past bearish trade events, Soybeans moved a median +0.0% over 5 sessions (51% higher; middle half -1.7% to +1.7%), and +0.9% over 20.

• Jan 25, 2018Soy source: Brazil's share of soybean exports to China hits record+0.4%
• May 24, 2023Plentiful Chinese wheat to pile pain on corn and soy from US and Brazil-1.7%
• Mar 13, 2019Brazil and Canada win big from US-China trade war with record soy exports | Supply Chain Dive+2.2%
• Mar 22, 2024Brazil’s intrusion on US soy exports to China somewhat mimics trade-war era-1.7%
• Jun 25, 2019China’s US soybean and pork imports down 55.3 per cent due to trade war, African swine fever | South China Morning Post-2.6%

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.

• Aug 12, 2024China's corn imports from US set to rise 67.6% in 2024-25 on higher Brazilian prices-1.6%
• Apr 21, 2021U.S. Soybean Exports to China Swell in March, as Brazil Suspends Corn, Soy Import Duties | Farm Policy News | Illinois+14.7%
• Jan 5, 2021Phase One Ag Targets Lag, But U.S. Soybean and Corn Exports to China Surge | Farm Policy News | Illinois+3.1%
• Mar 10, 2023China props up U.S. corn, soy exports as other buyers stay quieter than usual+1.2%
• Feb 24, 2021U.S. Corn Exports To China Boom - 2020 Year in Review+0.7%

After 384 past bearish trade events, Soybean Meal moved a median -0.2% over 5 sessions (47% higher; middle half -1.7% to +1.6%), and -0.5% over 20.

• Jan 25, 2018Soy source: Brazil's share of soybean exports to China hits record-1.2%
• Mar 22, 2024Brazil’s intrusion on US soy exports to China somewhat mimics trade-war era-2.2%
• Aug 23, 2021African Swine Fever Recovery in China, a Variable Impacting Feed, Pork Imports+0.2%
• Sep 20, 2022China’s soybean imports from Brazil plunge in August - Markets - Business Recorder-1.6%
• Mar 3, 2020Brazil's soybeans sales to China and soy-meal exports to the EU remain very strong — MercoPress-1.9%