
Chinese state-owned firms bought about 1.5 million metric tons of U.S. soybeans for July and August shipment, as U.S. and Chinese negotiators met in Beijing. A California jury also ordered Bayer to pay $80 million in a second Roundup cancer verdict.
Chinese purchases of U.S. soybeans support export demand and U.S. soybean prices while trade talks continue. The Roundup verdict is a legal matter with little direct effect on feed commodity prices.
After 696 past bullish trade events, SOY moved a median +0.3% over 5 sessions (54% higher; middle half -1.3% to +1.9%), and +0.7% over 20.
After 480 past neutral trade events, CORN moved a median +0.2% over 5 sessions (54% higher; middle half -1.1% to +1.6%), and +0.7% 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.