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Trump authorized the second and final round of $4.7 billion in tariff payments, two weeks later than expected, and said the total could reach $9.6 billion for crop and livestock producers. The delay reflected White House hopes for a revival of US-China trade after the Trump-Xi meeting, and China's recent purchases of 1.4 million tonnes of soybeans remained far below normal.
The payments offset trade losses but do not restore lost Chinese soybean demand, which keeps export-driven soybean prices under pressure. Buyers should watch whether China's purchases continue.
agriculture.comChuck AbbottDec 17, 2018After 554 past neutral policy events, Soybeans moved a median +0.0% over 5 sessions (51% higher; middle half -1.4% to +1.6%), and +0.6% 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.
