United States Challenges Chinese Grain Tariff Rate Quotas for Rice, Wheat, and Corn

After 431 past bullish trade events, WHEAT moved a median +0.0% over 5 sessions (50% higher; middle half -1.3% to +2.1%), and +0.5% over 20.

• Apr 18, 2019United States Wins Dispute Finding China’s Administration of Grain Tariff-Rate Quotas Breaches WTO Commitments | USDA-1.1%
• Dec 15, 2016U.S. Challenges China Anew Over Rice, Wheat, Corn Barriers-1.0%
• May 15, 2020COVID-19-related trade restrictions on rice and wheat could drive up prices and increase hunger+0.5%
• Jan 21, 2025Export prices for barley in Ukraine reached the level of corn and feed wheat prices+3.4%
• Aug 26, 2019Daily US grain report: grain futures lifted by apparent US-China moves to restart trade talks | The Poultry Site+0.9%

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.

• Oct 23, 2020USTR and USDA Release Report on Agricultural Trade between the United States and China | United States Trade Representative+0.8%
• Apr 18, 2019United States Wins Dispute Finding China’s Administration of Grain Tariff-Rate Quotas Breaches WTO Commitments | USDA-1.7%
• Feb 6, 2025United States Welcomes Mexico’s Actions Towards Resolving USMCA Biotech Corn Dispute | United States Trade Representative+1.4%
• Dec 15, 2016U.S. Challenges China Anew Over Rice, Wheat, Corn Barriers-2.2%
• Jan 21, 2025Export prices for barley in Ukraine reached the level of corn and feed wheat prices-0.5%

After 189 past bullish trade events, RICE moved a median +0.2% over 5 sessions (52% higher; middle half -1.7% to +2.4%), and +1.0% over 20.

• Apr 18, 2019United States Wins Dispute Finding China’s Administration of Grain Tariff-Rate Quotas Breaches WTO Commitments | USDA-3.1%
• Dec 15, 2016U.S. Challenges China Anew Over Rice, Wheat, Corn Barriers-3.5%
• May 15, 2020COVID-19-related trade restrictions on rice and wheat could drive up prices and increase hunger-7.9%
• Jun 22, 2022Chinese Farmers Bought More US Sorghum in May Amid Wheat, Corn Price Hikes+0.5%
• Oct 2, 2020Wheat, Rice Prices Surge in Coronavirus Lockdown | Feed & Grain+1.2%

After 102 past bullish trade events, KWHEAT moved a median 0.0% over 5 sessions (49% higher; middle half -2.0% to +3.5%), and -1.4% over 20.

• Mar 22, 2018No hike in Indian wheat tariff good news for Australia - Grain Central-1.0%
• Jan 11, 2018Sustained Demand for U.S. Wheat in a New Price Environment - U.S. Wheat Associates-2.5%
• Mar 24, 2020China makes largest U.S. grain purchases since start of trade war - UPI.com-0.6%
• Oct 27, 2020Demand-driven wheat rally supported by production uncertainty - Grain Central+0.2%
• May 19, 2026White House expands trade deal with China | World Grain-3.9%