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A Kansas State University economist reported that the U.S.-China trade dispute pushed U.S. corn prices down about 20 cents per bushel per month in early 2019. Prices moved against the normal seasonal pattern since December 2018.
Trade tensions reduced export demand and weighed on corn values, which affects the cost of corn-based feed. Buyers should track trade talks for any change in the price trend.
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.
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.