
Soybean futures fell to a three-week low after Donald Trump's China trip offered US farmers little concrete assurance. Officials promised billions in exports of American goods but gave few specifics.
Cotton fell by its daily trading limit.
Without written purchase commitments beyond the existing October agreement, buyers see no new demand support, pressuring soybean and soymeal prices lower.
After 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 384 past bearish trade events, Soybean Meal moved a median -0.2% over 5 sessions (47% higher; middle half -1.7% to +1.6%), and -0.5% 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.