Loading…
The White House released a fact sheet touting the Obama administration's trade enforcement record, including a new USTR WTO case against China over alleged aluminum subsidies. It also cites record anti-dumping and countervailing duty penalties on foreign industries.
A new WTO challenge against China's subsidies raises the risk of Chinese retaliation against US exports, which could weigh on US feed grain and oilseed demand, though the immediate impact on feed prices is limited.
obamawhitehouse.archives.govJan 12, 2017After 250 past neutral trade events, Soybeans 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.
