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A RealAgriculture panel says the canola market faces uncertainty from tariffs on seed, oil and meal into China and unclear US biofuel policy. Large Western Canadian supplies and slow movement into export and crush channels add to the volatility.
Trade and biofuel policy uncertainty keeps canola basis soft and makes forward sales decisions harder. Clear US biofuel policy could move soybean oil and canola futures.
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.