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Consultants at Mercantile Ventures said widespread yield losses across Western Canada will reduce Canadian export volumes in many commodities. They noted that canola, durum and pulses, where Canada dominates trade, have seen the largest price increases.
Lower Canadian export availability tightens global supplies of canola and other feed-relevant crops, supporting prices for canola meal and related feed inputs.
farmnewsnow.comLisa BradyJan 18, 2022Not enough comparable past events yet for a historical read.
After 1,072 past bullish weather events, Wheat (SRW) moved a median +0.2% over 5 sessions (55% higher; middle half -1.4% to +2.3%), and +0.3% 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.
