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China said it will expand purchases of U.S. farm products only if Washington implements reciprocal tariff cuts, a condition that puts a proposed $17 billion annual farm purchase commitment in doubt. The $60 billion reciprocal tariff package proposed after the September Trump-Xi summit remains unfinalized.
Without a confirmed schedule for additional Chinese orders, US soybean, corn and livestock export demand looks weaker, which pressures US farm prices.
agrolatam.comEmily TraskNov 5, 2026After 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 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.
