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Statistics Canada reported merchandise exports rose 4.1% in April, a fifth straight monthly gain, while imports fell 0.7%, widening the trade surplus to $5 billion. Energy exports hit a record share and potash exports rose 34.9% in the month.
Strong potash export flows and record energy shipments point to firm Canadian supply of fertilizer and energy, with limited direct impact on feed grain prices.
dtnpf.comCliff JamiesonJul 7, 2022Not 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.
