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Chinese rapeseed and meal prices fell after Canada said it would give firms temporary tariff relief on Chinese EV imports. Canola and soybeans both rose that day.
Corn spreads have also been strengthening during harvest, and US export sales were strong for soybeans and corn but weak for wheat.
Easing trade tensions reduce risk to Canadian canola exports and lift soybean sentiment. Firm corn spreads point to stronger cash demand than the large carryout would suggest.
stonex.comCraig Turner21 oct 2024Todavía no hay suficientes eventos comparables pasados para una lectura histórica.
Tras 696 eventos alcista de comercio pasados, Soja se movió una mediana de +0,3 % en 5 sesiones (54% al alza; mitad central entre -1,3 % y +1,9 %), y +0,7 % en 20.
Variaciones de la referencia de cada materia prima desde el último cierre antes del evento. Las lecturas históricas agrupan eventos pasados del mismo tipo; describen lo ocurrido, no lo que ocurrirá. No es asesoramiento de inversión.
