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Canada's agriculture minister Heath MacDonald said his week-long China trip showed relations beginning to thaw, with meetings with senior Chinese officials. He said no timeline or commitments have been made on removing restrictions on canola.
Warmer relations raise the chance of eventual canola tariff relief, which would boost Canadian seed and meal export flows, but no concrete change has yet been announced.
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.