Chinese Vice-Premier He Lifeng held a video call with U.S. Treasury Secretary Scott Bessent and U.S. Trade Representative Jamieson Greer to discuss bilateral economic and trade issues. China raised concerns about recent U.S. restrictions, and both sides agreed to use their consultation mechanism to deepen cooperation and manage differences.
Continued dialogue may help preserve trade flows, but no purchases, tariff changes, or other concrete commercial measures were announced, so the near-term commodity price effect is limited.
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.