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Chinese soybean imports from the US rose in February from January but remained far below February 2018 levels due to tariffs. Trade negotiators continued talks in Washington, with Chinese Vice Premier Liu He traveling there that week.
Recovering but still weak Chinese purchases of US soybeans keep export demand uncertain, while Brazilian supply captures more of China's market.
farmpolicynews.illinois.eduKeith GoodApr 1, 2019After 250 past neutral trade events, Soybeans moved a median +0.0% over 5 sessions (50% higher; middle half -1.4% to +1.6%), and -0.2% 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.
