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Canada's agriculture sector has gained market share in soybeans and wheat sold to China and pork sold to Mexico. However, U.S. tariff fights are depressing commodity prices and reducing Canadian farm margins.
Canadian soy and hog farmers are seeking compensation, while the U.S. has a $12 billion aid program.
Lower U.S. prices weigh on Canadian crop values even as export volumes rise. Canadian supply may move to other markets, but farm-gate price pressure persists.
globalnews.caRod NickelOct 26, 2018After 803 past bearish trade events, Soybeans moved a median +0.0% over 5 sessions (51% higher; middle half -1.7% to +1.7%), and +0.9% over 20.
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.
