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Farm Credit Canada's annual report says trade turmoil could benefit Canadian agriculture over the long term but will cause short-term price volatility. The U.S. and China have exchanged $360 billion in tariffs, with Chinese duties hitting U.S. soybeans and pork, and Mexico has also tariffed U.S. pork.
Short-term price swings and diverted trade flows reduce the performance of Canadian producers. Feed buyers should expect continued volatility in North American oilseed and pork-linked feed demand.
financialpost.comNaomi PowellOct 31, 2018After 788 past bearish report events, Soybeans moved a median -0.3% over 5 sessions (47% higher; middle half -2.0% to +1.5%), and -0.9% 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.
