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China has expanded its list of countries and regions permitted to export grains and plant-based fodder to China, adding new suppliers for soybeans, wheat and barley. China has also approved more genetically modified products for import and signalled possible future commercial GM planting.
Canadian barley and canola are reported to be performing well despite Chinese restrictions.
Wider Chinese import access adds supply competition for Canadian and other exporters, which weighs on some origins, while strong Canadian barley and canola demand supports prices for those crops.
cwf.caJan 28, 2021Not 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.
