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Canadian exports to China rose 23 percent from April to August 2018, a gain of nearly $2 billion, during the period of greatest U.S.-China tariff escalation. Shipments include wool, lobsters and canola oil, and some sales previously going to the U.S. have shifted to China.
Canada is gaining market share in China as U.S. supplies are displaced, which supports Canadian export volumes. The effect on feed ingredient prices is limited because the reported shipments are mainly non-feed products.
theglobeandmail.comNathan VanderKlippeOct 14, 2018Not 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.
