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The USTR released the Trump administration's 2017 Trade Policy Agenda and 2016 Annual Report on March 1, promising to reduce foreign trade barriers that block U.S. agricultural exports. The document cites high tariffs and non-tariff barriers imposed by trading partners.
A stated push to open export markets and challenge foreign barriers adds upside for US grain and oilseed exports if followed by concrete deals, but the agenda itself is a policy statement without immediate tariff changes.
dorsey.comLawrence Ward, T. Augustine LoMar 7, 2017After 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 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.
After 431 past bullish trade events, Wheat (SRW) moved a median +0.0% over 5 sessions (50% higher; middle half -1.3% to +2.1%), and +0.5% 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.
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.
