China to remove tariffs on feed ingredients from 5 countries

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.

• Jun 26, 2018China drops tariffs on animal feed from Asian countries as U.S. dispute escalates-3.0%
• Jul 19, 2018Aquafeed.com | CHINA - New tariffs on US soybeans unlikely to impact aquatic feed+2.2%
• Aug 23, 2019China strikes back at U.S. with new tariffs on $75 billion in goods | Reuters+0.0%
• Dec 1, 2020China Targets U.S. Farm Imports With Tariffs | Feed & Grain-0.9%
• Apr 4, 2018CPO to gain from China’s soybean import tariff | The Star+1.2%

After 224 past neutral trade events, Soybean Meal moved a median -0.2% over 5 sessions (43% higher; middle half -1.7% to +1.2%), and -0.2% over 20.

• Jul 19, 2018Aquafeed.com | CHINA - New tariffs on US soybeans unlikely to impact aquatic feed+0.5%
• Jun 12, 2025Thaw in U.S.–China Tariffs Brings Export Boom—but Not a Strategic Reversal-3.1%
• Mar 4, 2025China to impose extra tariffs of 10%-15% on various US farm products | Reuters+1.6%
• Apr 9, 2025Wave of US soybeans set to reach China's shores despite tariffs+1.4%
• Jan 21, 2019When it comes to soy, China is getting more from the trade truce-0.9%

Not enough comparable past events yet for a historical read.