# Statistics Canada December Merchandise Trade Report

> Statistics Canada reported a December trade deficit of C$137.5 million as farm and food exports fell to a 16-month low. Grain exports were slowed by flooding and rail outages in British Columbia, while soybean exports reached 690,000 mt.

- Date: 2022-02-10 · published 2022-02-10T12:00:00.000Z
- Category: report · region Canada · magnitude low
- Page: https://feedsoft.ai/events/42682-statistics-canada-december-merchandise-trade-report
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Barley](https://feedsoft.ai/c/BARLEY.md)

## Why it matters

Slower Canadian grain and oilseed exports from transport disruptions reduce export availability, modestly supporting prices for affected grains and oilseeds.

## Read by commodity

- SOY: neutral
- WHEAT: neutral
- BARLEY: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2020-12-03 | [Grain Transportation Report, December 3, 2020](https://feedsoft.ai/events/49549-grain-transportation-report-december-3-2020.md) | +0.5% | +14.1% |
| SOY | 2023-12-28 | [Grain Transportation Report, December 28, 2023](https://feedsoft.ai/events/16577-grain-transportation-report-december-28-2023.md) | -4.2% | -8.2% |
| SOY | 2019-12-05 | [Grain Transportation Report, December 5, 2019](https://feedsoft.ai/events/55467-grain-transportation-report-december-5-2019.md) | +1.8% | +6.0% |
| SOY | 2025-12-04 | [Grain Transportation Report, December 4, 2025](https://feedsoft.ai/events/16399-grain-transportation-report-december-4-2025.md) | -2.2% | -7.7% |
| SOY | 2025-12-11 | [Grain Transportation Report, December 11, 2025](https://feedsoft.ai/events/16403-grain-transportation-report-december-11-2025.md) | -3.0% | -3.9% |
| WHEAT | 2025-12-04 | [Grain Transportation Report, December 4, 2025](https://feedsoft.ai/events/16399-grain-transportation-report-december-4-2025.md) | -1.6% | -1.4% |
| WHEAT | 2023-12-28 | [Grain Transportation Report, December 28, 2023](https://feedsoft.ai/events/16577-grain-transportation-report-december-28-2023.md) | +2.2% | +0.7% |
| WHEAT | 2019-12-05 | [Grain Transportation Report, December 5, 2019](https://feedsoft.ai/events/55467-grain-transportation-report-december-5-2019.md) | -3.9% | -1.3% |

## Sources

- dtnpf.com: https://www.dtnpf.com/agriculture/web/AG/blogs/canada-markets/blog-post/2022/02/10/statistics-canada-december-trade

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.