
Wheat rose sharply on Matif and CBOT after Trump delayed import duties and began reviewing trade agreements, including the 2020 Phase 1 deal with China. CBOT wheat closed 3.7% higher, soybeans 3.2% higher and corn 1.2% higher.
Egypt was active in the wheat market and European export figures were under scrutiny.
Reduced near-term tariff risk and renewed questions over China's purchase commitments support US and global grain prices, while uncertainty about future trade policy keeps volatility elevated.
After 431 past bullish trade events, Wheat (SRW) moved a median +0.0% over 5 sessions (50% higher; middle half -1.3% to +2.1%), and +0.5% over 20.
After 696 past bullish trade events, Soybeans moved a median +0.3% over 5 sessions (54% higher; middle half -1.3% to +1.9%), and +0.7% over 20.
After 729 past bullish trade events, Corn moved a median +0.4% over 5 sessions (56% higher; middle half -1.1% to +1.8%), 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.