Loading…
A commodity analyst estimates Canadian canola farmers have lost at least $140 million over two weeks as the cash price fell, and about $800 million since March. The losses reflect a sharp fall in basis, which is the local cash price, more than a drop in futures.
A wider basis discount shows that Chinese tariffs are cutting Canadian canola value beyond the futures market, which weighs on Canadian canola meal and oil supply. Lower cash prices may also shift the balance of canola exports and domestic crush.
cbc.caJeremy SimesSep 1, 2025Not 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.
