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ADM gained an early lead in profiting from the trade war, while Bunge posted a surprise loss it blamed partly on wrong-sided bets that a trade truce would lift soybean futures. Instead the trade war escalated and prices fell sharply.
The company faced pressure to reverse losing positions.
Trade-war volatility and sharp price falls in soybeans reflect uncertain export flows, though the article is mainly about company earnings rather than a direct supply or demand change.
reuters.comKarl Plume, Tom PolansekAug 3, 2018Not enough comparable past events yet for a historical read.
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.
