
Soybean futures closed higher on July 27 after USDA export sales showed 1.5 million metric tons of soybeans sold, above trade expectations. Trump and Juncker said the EU will buy more U.S. soybeans and work to reduce tariffs.
November soybeans rose 9.5 cents to $8.85 1/4 and corn was unchanged at $3.75 3/4.
Strong export sales and a new EU purchasing commitment support U.S. soybean demand, which helps offset the loss of Chinese buying.
After 696 past bullish trade events, Soybeans moved a median +0.3% over 5 sessions (54% higher; middle half -1.3% to +1.9%), and +0.7% over 20.
After 342 past bullish trade events, Soybean Meal moved a median +0.1% over 5 sessions (51% higher; middle half -1.1% to +2.6%), and +0.6% over 20.
After 729 past bullish trade events, Corn moved a median +0.4% over 5 sessions (56% higher; middle half -1.1% to +1.8%), 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.