# Ag Exports Contribute to Favorable Merchandise Trade Data

> Statistics Canada reported October merchandise exports up 2.7% to C$44.46 billion, with farm, fishing and food product exports up 7.7%. Canada shipped 1.296 million tonnes in October, including 407,872 tonnes to China, up 44% from September. Canola oil exports rose 55% month on month to 323,412 tonnes.

- Date: 2017-12-05 · published 2017-12-05T12:00:00.000Z
- Category: report · region Canada · magnitude low
- Page: https://feedsoft.ai/events/67478-ag-exports-contribute-to-favorable-merchandise-trade-data
- Commodities: [Canola Meal](https://feedsoft.ai/c/CANMEAL.md)

## Why it matters

Strong Chinese canola buying and higher export volumes tighten Canadian supplies available for meal and oil. The data support canola prices and show that China remains a key demand outlet.

## Read by commodity

- CANMEAL: bullish ▲

## Sources

- dtnpf.com: https://www.dtnpf.com/agriculture/web/Ag/blogs/canada-markets/blog-post/2017/12/05/ag-exports-contribute-favorable-data

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