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Canadian grain exports through December 2019 were well behind the prior year, with China's takings falling to 2.4 million tonnes from 7.5 million. Canadian canola exports to China were down 74% and wheat down 73%, while soybean sales to China were nil.
Peas and barley to China rose, and durum exports to Italy and Turkey increased.
Lost Chinese demand is redirecting Canadian grain to other buyers, leaving more supply to compete in alternative export markets. This is mildly bearish for Canadian wheat prices.
agcanada.comAGCanada2020年2月1日在过去 375 次看跌的贸易事件之后，小麦(SRW) 在 5 个交易日内中位数变动 -0.2%（47% 上涨；中间一半区间为 -2.0% 至 +1.1%），20 个交易日内为 -0.1%。
各商品基准价相对事件前最后收盘价的变动。历史数据汇总同类过往事件；仅描述已发生的情况，不代表未来走势。不构成投资建议。
