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Canadian canola markets rose after Beijing suspended punitive tariffs on canola meal and peas and cut the effective canola seed duty to 14.9% from March 1. Front-month ICE canola futures traded around C$720–730 per tonne in late March and early April, near their highest since mid-2025.
Restored Chinese access supports Canadian canola export demand, and firm futures reflect that demand alongside biofuel support for prices.
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.