
U.S. agricultural exports totaled $135.7 billion from January through September, up 7.7% year over year, with September exports reaching a record $15.2 billion. Soybean shipments to China rose 145%, while wheat exports fell 16% and pulse exports fell 37%; beef import value increased 31%.
Stronger soybean shipments indicate firmer Chinese demand for U.S. soybeans, while lower wheat exports point to weaker overseas demand for U.S. wheat and may weigh on export-related price support.
After 747 past bullish report events, Soybeans moved a median +0.3% over 5 sessions (54% higher; middle half -1.4% to +2.1%), and +0.8% over 20.
After 1,006 past bearish report events, Wheat (SRW) moved a median +0.0% over 5 sessions (50% higher; middle half -1.6% to +1.8%), 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.