
US farm export prices fell 5.3% in July from June, the largest monthly drop since October 2011, as soybean prices plunged 14.1%. Corn, wheat, fruits and nuts also declined, and the overall export price index fell 0.5%, excluding tariff effects.
Lower US export prices reflect weakening demand from China's trade retaliation, which tends to keep US soybean and grain prices under pressure for buyers.
After 375 past bearish trade events, Wheat (SRW) moved a median -0.2% over 5 sessions (47% higher; middle half -2.0% to +1.1%), and -0.1% over 20.
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 683 past bearish trade events, Corn moved a median -0.2% over 5 sessions (47% higher; middle half -1.7% to +1.6%), and +0.3% 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.