U.S. farmers look past trade fears to cash in on China's hog crisis

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.

• Oct 18, 2019China's pork shortage could give US farmers a chance to cash in+0.2%
• Aug 14, 2019Soybean prices rise on U.S.-China trade hopes | Financial Post-1.9%
• Oct 5, 2021China’s buying — and U.S. farms cashing in-0.6%
• Aug 10, 2020China crushers to crank up U.S. soy purchases in fourth quarter - traders | Financial Post+3.8%
• Nov 26, 2019TWAY HOLDINGS | S.Korean stocks, won rise on signs of progress in U.S.-China trade talks-2.4%

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.

• Mar 25, 2022China's hog farmers face long slog in return to profit | Reuters+3.5%
• Oct 18, 2019China's pork shortage could give US farmers a chance to cash in-1.6%
• Oct 5, 2021China’s buying — and U.S. farms cashing in-1.3%
• Dec 16, 2019Factbox: What is actually in the U.S.-China 'Phase One' trade deal?+4.2%
• Sep 29, 2026U.S.-China Trade Details | Red River Farm Network-2.9%

After 342 past bullish trade events, Soybean Meal moved a median +0.1% over 5 sessions (51% higher; middle half -1.1% to +2.6%), and +0.6% over 20.

• Mar 25, 2022China's hog farmers face long slog in return to profit | Reuters-3.8%
• Oct 6, 2022Soybean imports forecast at two-year low crimp China's ailing hog feed makers+4.4%
• Sep 24, 2021China's soybean demand in Q4 set to slacken as crushers face power cuts: trade-2.5%
• Sep 1, 2019The Trade War Is Creating a Windfall for Rivals of U.S. Soy in China-0.3%
• Nov 7, 2022China’s October soybean imports slide to lowest in eight years-3.0%