
U.S. agricultural exports to China rose 5.7% to $21.4 billion in 2016, making China the top value market for U.S. farm products ahead of Canada and Mexico. China accounted for 15.8% of total U.S. agricultural exports that year.
China's strong demand for U.S. farm goods supports prices for soybeans, corn and other exports, but also concentrates risk on a single buyer.
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 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.