
Canadian grain exports through December 2019 were well behind the prior year, with China's takings falling to 2.4 million tonnes from 7.5 million. Canadian canola exports to China were down 74% and wheat down 73%, while soybean sales to China were nil.
Peas and barley to China rose, and durum exports to Italy and Turkey increased.
Lost Chinese demand is redirecting Canadian grain to other buyers, leaving more supply to compete in alternative export markets. This is mildly bearish for Canadian wheat prices.
Tras 375 eventos bajista de comercio pasados, Trigo (SRW) se movió una mediana de -0,2 % en 5 sesiones (47% al alza; mitad central entre -2,0 % y +1,1 %), y -0,1 % 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.