Trade Wars vs Weather (Depends Who You Talk To) — this week in the grain markets

by

Opinion

Grain markets worked through the third week of March with weather headlines drowning most of the Chinese trade issues in the U.S., but it was the opposite in Canada. In outside markets, global stocks and bond yields fell on Friday as fresh data points have amplified some thinking about a weakening world economy. On Thursday, the Canola Council of Canada announced China has stopped its purchases of all canola products from the Great White North. This is significant as the People’s Republic represents the largest single market of any of Canada’s crops; in 2018 this amounted to $2.7 Billion CAD…

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