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China's March 2026 tariff reset is redirecting Canadian canola seed toward China, with 114,223 tonnes shipped in February before the cut took effect. Agriculture and Agri-Food Canada holds the 2025-26 canola export forecast at 8.2 MMT, with domestic crush at a record 12 MMT.
Diversion of a limited export pool to China tightens supply for European and South Asian buyers, supporting canola prices in those markets.
Not 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.