Grains slump as Trump-Xi summit lacks details on US-China trade deals

After 803 past bearish trade events, Soybeans moved a median +0.0% over 5 sessions (51% higher; middle half -1.7% to +1.7%), and +0.9% over 20.

• May 15, 2026Soybeans Fall as China Summit Leaves US Farmers Seeking Details - Bloomberg+1.7%
• Mar 16, 2026Soybeans Slumps More Than 3% on Possible US-China Talks Delay - Bloomberg-4.1%
• Dec 18, 2019U.S. grains: Prices slip after rallying on trade deal - Grainews+0.8%
• May 2, 2020U.S. grains: Soybeans slide on renewed trade tensions with China - Grainews+0.2%
• May 13, 2026China Sees Its Soy Imports Sliding Just as US Farmers Eye Deals - Bloomberg-0.3%

After 683 past bearish trade events, Corn moved a median -0.2% over 5 sessions (47% higher; middle half -1.7% to +1.6%), and +0.3% over 20.

• Mar 16, 2026Soybeans Slumps More Than 3% on Possible US-China Talks Delay - Bloomberg+2.4%
• Dec 18, 2019U.S. grains: Prices slip after rallying on trade deal - Grainews-0.1%
• May 2, 2020U.S. grains: Soybeans slide on renewed trade tensions with China - Grainews+1.9%
• Oct 27, 2020Trump's phase one trade deal with China and the US election | PIIE-3.7%
• May 6, 2019Trump Trade Tweets Send Grain Markets Diving to 42-Year Low - Bloomberg-3.2%

After 375 past bearish trade events, Wheat (SRW) moved a median -0.2% over 5 sessions (47% higher; middle half -2.0% to +1.1%), and -0.1% over 20.

• Dec 18, 2019U.S. grains: Prices slip after rallying on trade deal - Grainews-0.5%
• May 2, 2020U.S. grains: Soybeans slide on renewed trade tensions with China - Grainews+3.0%
• May 6, 2019Trump Trade Tweets Send Grain Markets Diving to 42-Year Low - Bloomberg-5.4%
• Apr 12, 2019Top U.S. Ags Trade Negotiator Says China `Bristles' in Talks - Bloomberg-0.9%
• May 12, 2025U.S. grains: Soybeans hit three-month high on US-China trade deal, USDA report - Canadian Cattlemen-0.1%