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Canadian oilseed and grain exports for 2024/25 are running ahead of last year, with total exports up more than 18% through October. Canola exports to China rose sharply as buyers front-loaded ahead of the anti-dumping probe.
Japan and the EU also increased purchases.
Front-loaded Chinese buying has pulled forward demand, which may leave less room for purchases later in the marketing year. The strong export pace supports Canadian canola demand in the near term.
grainews.caGlen HallickDec 9, 2024Not enough comparable past events yet for a historical read.
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.
