# Canada's August Merchandise Trade

> Canada's trade deficit narrowed slightly in August as both exports and imports fell. Lentil exports reached 211,601 metric tons, the lowest monthly movement in seven months, and the Canadian dollar strengthened against the USD.

- Date: 2020-10-06 · published 2020-10-06T12:00:00.000Z
- Category: report · region Canada · magnitude low
- Page: https://feedsoft.ai/events/50614-canada-s-august-merchandise-trade
- Commodities: [Canadian Dollar (CAD per USD)](https://feedsoft.ai/c/USDCAD.md)

## Why it matters

Lower August lentil and grain shipments and a firmer Canadian dollar offer limited direct price pressure on feed grains but mark softer Canadian export flows.

## Read by commodity

- USDCAD: bearish ▼

## Sources

- dtnpf.com: https://www.dtnpf.com/agriculture/web/ag/blogs/canada-markets/blog-post/2020/10/06/canadas-august-merchandise-trade

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