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An IATP commentary argues that the term protectionism is misapplied to trade agreements such as the TPP, which it says include stronger intellectual property rules. It discusses the possibility that the incoming administration will pursue new trade deals under Trade Promotion Authority.
Uncertainty over future US trade policy can weigh on export expectations for grains and oilseeds, but this opinion piece announces no concrete new measure.
iatp.orgDr. Steve SuppanDec 16, 2016After 1,982 past trade events, Corn moved a median +0.1% over 5 sessions (52% higher; middle half -1.3% to +1.6%), and +0.4% over 20.
After 1,802 past trade events, Soybeans moved a median +0.1% over 5 sessions (52% higher; middle half -1.5% to +1.7%), and +0.7% over 20.
After 1,079 past trade events, Wheat (SRW) moved a median -0.0% over 5 sessions (49% higher; middle half -1.6% to +1.7%), 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.
