
Bunge Canada's CEO says China is the largest export market for Canadian canola meal and oil and cannot easily be replaced by other buyers. He says canola prices have softened since the tariffs but remain mid-range historically, and the company is working on diversifying customers.
Losing China as a main outlet forces Canadian crushers to sell meal and oil to less accessible markets at lower prices. This keeps canola meal values under pressure and affects the protein meal supply available to 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.