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An Export Development Canada economic commentary argues that Canada's agri-food sector must meet growing demand for first-world food from emerging-market populations. It notes the US takes 53 per cent of Canadian food exports and that developed markets have grown about 5.1 per cent annually over 15 years.
This is a long-term structural view with no new supply or demand shock, so it has no clear near-term price implication for feed ingredients.
edc.caPeter G. HallOct 5, 2017Not 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.
