
The Canadian Canola Growers Association says China has mostly reopened to Canadian canola, with the seed tariff down to 15% and the meal levy at zero until year-end. The association expects exports to rise but is unsure whether they will return to the normal 4 to 5 million tonnes a year.
It describes the remaining marketing season as a catch-up period.
Expected catch-up buying from China supports canola meal and seed prices in the near term. Uncertainty about whether flows return to normal limits how far the rally can extend.
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.