
A PiQ Markets report describes US soybean growers facing a sharp drop in Chinese demand and higher input costs, which temporary trade truces have not resolved. It profiles a North Dakota farm to illustrate the squeeze ahead of midterm elections.
Lost Chinese demand is bearish for US soybean prices and export volumes, while higher input costs squeeze farm margins and could reduce future acreage.
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.
After 384 past bearish trade events, Soybean Meal moved a median -0.2% over 5 sessions (47% higher; middle half -1.7% to +1.6%), and -0.5% 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.