US Farm Product Sales to China Slow as Li Chenggang Meets US Agricultural Trade Delegation

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.

• Nov 2, 2023U.S. farm leaders, visiting China, talk up agriculture trade | Reuters+1.4%
• Dec 23, 2021China to fall short on promises to U.S. as trade deal ends-0.7%
• Sep 9, 2019U.S., China Trade Talks Set to Resume; Agricultural Export Markets Continue to Adjust | Farm Policy News | Illinois-0.9%
• Mar 4, 2025China announces new duties on US agricultural imports as US tariffs take effect - Fastmarkets+3.2%
• Apr 1, 2025Trump's China tariffs trigger retaliation against U.S. farm products+1.0%

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.

• Mar 4, 2025China announces new duties on US agricultural imports as US tariffs take effect - Fastmarkets+0.1%
• Jul 4, 2019Australian Agriculture Sector Likely To Get Impacted From The U.S-China Trade Truce-1.2%
• Jan 16, 2020China's 'market condition' caveat on U.S. ag purchases adds to trade deal doubts-0.2%
• Jun 24, 2018Trade wars leave farming as a casualty - Agweek | #1 source for agriculture news, farming, markets-0.0%
• Feb 8, 2024US farm exports hit three-year low in 2023 as China slows buying-4.2%

After 250 past neutral trade events, Soybeans moved a median +0.0% over 5 sessions (50% higher; middle half -1.4% to +1.6%), and -0.2% over 20.

• Nov 14, 2019Trade talks hit bump as China resists US demands on agricultural purchases+0.3%
• Aug 28, 2025What Role Do Farm Products Have in U.S.-China Trade Deal?-1.5%
• Apr 6, 2017US Agriculture Bets the Farm on Chinese Soy Demand+0.4%
• Nov 13, 2024Opportunities abound for China, US to expand agricultural trade, exec says - Chinadaily.com.cn-0.5%
• Dec 5, 2025Looking at the US soybean sales to China | MEAT+POULTRY-2.3%

After 28 past neutral trade events, Lean Hogs moved a median -0.4% over 5 sessions (46% higher; middle half -2.2% to +0.7%), and -0.3% over 20.

• Sep 13, 2019China adds some US farm products for additional tariff exemption-2.4%
• Oct 27, 2020Trump's phase one trade deal with China and the US election | PIIE-4.0%
• Sep 16, 2019China buys $67 million Worth of U.S. Soybeans as Trade War Eases-5.6%
• Jun 12, 2019Mapping $8.5 Billion in Trade Assistance | Farm Bureau Intel Markets | American Farm Bureau Federation+1.5%
• Aug 5, 2018China pork market faces uncertainties – Asian Agribiz-7.5%