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Mainland Chinese stocks closed lower on December 5, 2018, as investors doubted that the US-China weekend truce would lead to a lasting trade settlement. Beijing had given no details on the tariff cease-fire or on Trump's claimed auto tariff cuts and farm purchases.
Persistent doubt about the trade truce keeps uncertainty over Chinese purchases of US farm goods, which weighs on soybean and grain demand expectations.
After 250 past neutral trade events, SOY moved a median +0.0% over 5 sessions (50% higher; middle half -1.4% to +1.6%), and -0.2% 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.