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Southwestern Ontario winter canola growers have not yet felt a major hit from China's tariffs, but canola prices there have dropped about 10% since the duties were announced. Farmers are holding bushels and weighing how long they can wait before selling.
Soft prices and farmer reluctance to sell can slow canola flows and widen discounts in Canada's crush and export chain. The regional price drop points to weaker canola meal and seed values for feed buyers.
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.