
Chinese purchases of U.S. agricultural products outside soybeans totaled about $7.2 billion so far this year, putting them on track for a seven-year low against a reported $17 billion annual commitment. The commitment is separate from soybean purchases, and Chinese officials said they needed more time to determine purchasing details.
Underperformance against the commitment points to weaker-than-expected demand for U.S. non-soy farm exports, potentially limiting export support for affected commodities. The report does not identify specific non-soy products responsible for the shortfall.
After 1,802 past trade events, Soybeans moved a median +0.1% over 5 sessions (52% higher; middle half -1.5% to +1.7%), and +0.7% over 20.
After 1,982 past trade events, Corn moved a median +0.1% over 5 sessions (52% higher; middle half -1.3% to +1.6%), and +0.4% over 20.
After 977 past trade events, Soybean Meal moved a median -0.1% over 5 sessions (48% higher; middle half -1.5% to +1.8%), and +0.1% 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.