Soybean meal: Trade conflict makes goods cheaper again

After 384 past bearish trade events, Soybean Meal moved a median -0.2% over 5 sessions (47% higher; middle half -1.7% to +1.6%), and -0.5% over 20.

• Dec 27, 2018As trade war crushes China's soybean mills, U.S. rivals make hay+3.1%
• Jul 13, 2021Global Soybean Trade Slows on Weaker China Demand | Feed & Grain+1.2%
• Oct 18, 2018Trade off: China soybean imports set for biggest drop in 12 years amid tariff conflict-5.4%
• Sep 26, 2018Soybean trade scorecard+1.6%
• Sep 24, 2018Trade war means much of America's soybean harvest will go unsold - UPI.com-0.2%

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.

• Dec 27, 2018As trade war crushes China's soybean mills, U.S. rivals make hay+3.5%
• Jul 13, 2021Global Soybean Trade Slows on Weaker China Demand | Feed & Grain-0.3%
• Oct 18, 2018Trade off: China soybean imports set for biggest drop in 12 years amid tariff conflict-4.0%
• May 24, 2019Economic Watch: Weal and woe of soybean in Sino-U.S. trade conflicts - Xinhua | English.news.cn+6.8%
• Sep 26, 2018Soybean trade scorecard+2.4%