Blue Wave Selloff Hits US Farm Products, Export Outlook to China Clouded

After 683 past bearish trade events, Corn moved a median -0.2% over 5 sessions (47% higher; middle half -1.7% to +1.6%), and +0.3% over 20.

• Nov 7, 2024Trump's tariff threat puts US farm exports to China at risk-0.1%
• Feb 8, 2024US farm exports hit three-year low in 2023 as China slows buying-1.4%
• Mar 4, 2025China slaps extra tariffs of up to 15% on imports of major US farm exports | AP News+3.2%
• Nov 13, 2024How China reduced its reliance on US farm imports and sharpened its trade war toolkit-0.5%
• Aug 25, 2025Tariff escalations trigger another decline in US farm exports to China+1.9%

After 375 past bearish trade events, Wheat (SRW) moved a median -0.2% over 5 sessions (47% higher; middle half -2.0% to +1.1%), and -0.1% over 20.

• Jul 1, 2019What extra U.S. farm products could China buy?-9.6%
• Feb 8, 2024US farm exports hit three-year low in 2023 as China slows buying-4.2%
• Apr 4, 2018China Tariff Threat Prompts U.S. Farmers to Weigh Changes+0.7%
• Oct 31, 2024Ukrainian Black Sea corridor ensured export of over 52 mln tons of agricultural products+0.0%
• Nov 2, 2018As China soy demand wavers, U.S. farmers turn back to grains-4.0%