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Canadian canola exports from August 1 to November 9 totaled 1.544 million tonnes, down 54.1% year on year. The drop reflects the suspension of Canadian supplies to China and weak EU demand.
Slower exports build Canadian inventories and push spot canola and meal prices lower. Weaker Chinese meal demand also pressures 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.