
Chinese farmers are scrambling to find alternative feed sources as US soybean imports face tariffs. A Henan farming company says the trade war has disrupted purchasing plans and raised costs by up to 36 yuan per hog.
Tariff-driven uncertainty reduces US soybean demand from China, though substitution and reduced hog costs may limit the effect on Chinese output.
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 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.
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.