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FCC Ag Economics outlook released in November 2020 reviews a challenging first nine months for Canadian grain, oilseed and pulse producers. It cites trade tensions, African Swine Fever disruption of livestock and meat markets, and large global supplies.
Reduced Indian tariffs on Canadian lentils supported prices, and canola exports found new routes to Europe after COVID-19 disruptions.
Expectations of improving prices over six months reflect firmer export demand for Canadian oilseeds and pulses, while ASF-driven meat disruption affects feed demand.
ontariograinfarmer.caCraig KlemmerDec 4, 2020Not enough comparable past events yet for a historical read.
After 61 past neutral report events, Lean Hogs moved a median -0.4% over 5 sessions (48% higher; middle half -1.3% to +1.8%), and +2.1% 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.
