
U.S. soybean futures fell to their lowest in more than a decade as traders worried that U.S.-China trade talks would fail. Trump vowed new tariffs on Chinese goods and China threatened retaliation.
CBOT wheat and corn also fell ahead of the talks.
Fears of a failed deal and possible Chinese order cancellations pressure soybean, corn and wheat prices and shrink export demand expectations.
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.
After 683 past bearish trade events, Corn moved a median -0.2% over 5 sessions (47% higher; middle half -1.7% to +1.6%), and +0.3% over 20.
After 375 past bearish trade events, Wheat (SRW) moved a median -0.2% over 5 sessions (47% higher; middle half -2.0% to +1.1%), and -0.1% over 20.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.