# Crop ratings don’t lift trade fog

> Futures attempted a rebound after Monday's sell-off but made limited gains despite weaker crop ratings. China lifted tariffs on feed imports from some neighboring countries to replace lost US supplies.

- Date: 2018-06-26 · published 2018-06-26T12:00:00.000Z
- Category: trade · region China · magnitude medium
- Page: https://feedsoft.ai/events/8584-crop-ratings-don-t-lift-trade-fog
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Corn](https://feedsoft.ai/c/CORN.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md)

## Why it matters

Persistent trade disputes and China's shift to other feed suppliers weigh on US export demand for grains and soybeans. Feed buyers may see continued pressure on US prices as trade flows reroute.

## Read by commodity

- SBM: bearish ▼
- SOY: bearish ▼
- CORN: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2017-05-22 | [Trade focusing on exports, global corn competition \| Crops \| leadertelegram.com](https://feedsoft.ai/events/70866-trade-focusing-on-exports-global-corn-competition-crops-leadertelegram-com.md) | -2.8% | -1.6% |
| SOY | 2017-11-07 | [Don’t Bet the Farm or the (GOP) House on a Trade War with Mexico](https://feedsoft.ai/events/67964-don-t-bet-the-farm-or-the-gop-house-on-a-trade-war-with-mexico.md) | -2.1% | +2.5% |
| SOY | 2018-11-12 | [U.S. soybean farmers hang on for dear life in Trump's China trade war](https://feedsoft.ai/events/62097-u-s-soybean-farmers-hang-on-for-dear-life-in-trump-s-china-trade-war.md) | +1.9% | +4.5% |
| SOY | 2018-10-22 | [Damaged soybean crop hits farmers reeling from U.S.-China trade war \| Farmtario](https://feedsoft.ai/events/62590-damaged-soybean-crop-hits-farmers-reeling-from-u-s-china-trade-war-farmtario.md) | -1.4% | +4.1% |
| SOY | 2018-11-21 | [Harvesting in a trade war - U.S. crops rot as storage costs soar](https://feedsoft.ai/events/11727-harvesting-in-a-trade-war-u-s-crops-rot-as-storage-costs-soar.md) | +1.1% | +1.4% |
| CORN | 2019-06-06 | [Mexican peso tanks on double hit from US trade talks and ratings \| Trade War \| Al Jazeera](https://feedsoft.ai/events/58811-mexican-peso-tanks-on-double-hit-from-us-trade-talks-and-ratings-trade-war-al.md) | +2.8% | +4.2% |
| CORN | 2024-11-25 | [Is China Getting Ready For A Trade War? - AgWeb](https://feedsoft.ai/events/27466-is-china-getting-ready-for-a-trade-war-agweb.md) | -2.1% | +2.9% |
| CORN | 2023-07-27 | [Mexico: An Important Trade Destination for U.S. Corn](https://feedsoft.ai/events/35018-mexico-an-important-trade-destination-for-u-s-corn.md) | -13.2% | -14.2% |

## Sources

- farmprogress.com: https://www.farmprogress.com/marketing/crop-ratings-don-t-lift-trade-fog

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.