Loading…
Speakers at a Fargo corn event warned that disruption to NAFTA and existing trade deals under the Trump administration could upend corn, soybean and wheat exports. An NDSU economist said losing Chinese soybean demand would be costly but survivable.
Trade policy uncertainty adds risk premium to U.S. export-linked grain prices, though no concrete tariff action has yet changed flows.
agweek.comMikkel Pates, AgweekFeb 13, 2017After 369 past bearish policy events, SOY moved a median -0.2% over 5 sessions (46% higher; middle half -1.7% to +1.8%), and +0.8% over 20.
After 310 past bearish policy events, CORN moved a median +0.3% over 5 sessions (54% higher; middle half -1.4% to +1.9%), and +0.6% over 20.
After 122 past bearish policy events, WHEAT moved a median -0.3% over 5 sessions (44% higher; middle half -1.9% to +1.2%), and +0.4% 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.
