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Western Canadian canola farmers say China's 100% tariffs on Canadian canola oil and meal, imposed in March, leave them uncertain about planting. Canola prices dropped sharply after the tariffs were announced before recovering in recent weeks.
Canada exports about 90% of its canola production.
Tariff uncertainty on Canadian canola meal and oil reduces China's demand for Canadian product, pressuring canola meal prices and encouraging buyers to source from other origins.
cbc.caAlexandre SilbermanApr 15, 2025Not 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.
