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Canada's grain industry says market access depends on meeting importer requirements, citing past rejections of Canadian crops. China turned back canola shipments over blackleg, and Italy took the entire 2018 durum crop lost over glyphosate residues.
Speakers urged growers to keep grain clean.
Quality-related rejections raise the risk of lost sales and discounts, which can weigh on Canadian canola and wheat export prices.
moosejawtoday.comRon WalterFeb 18, 2019Not enough comparable past events yet for a historical read.
After 206 past neutral trade events, Wheat (SRW) moved a median +0.1% over 5 sessions (53% higher; middle half -1.3% to +1.6%), and +0.5% over 20.
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.
