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Canola prices have responded modestly to the resumption of trade with China following Prime Minister Carney's January deal. March futures rose less than 1% between January 16 and February 2, while Chinese buyers reportedly booked 650,000 tonnes of canola.
Further gains depend on weekly export pace and competing oilseed markets.
Chinese bookings support canola demand, but slow shipments have kept price gains limited, so buyers should watch export data before expecting a sustained rally.
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.