Loading…
Soybean prices have fallen almost a dollar and a half per bushel since late May as the US-China trade dispute escalates, according to the American Soybean Association. Analyst Arlan Suderman expects a significant rebound only once the dispute is resolved, with timing uncertain.
Retaliatory Chinese tariffs on US soybeans are cutting export demand and pressuring US soybean and meal prices until a resolution emerges.
hoosieragtoday.comProductionJun 20, 2018After 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.
