
Vietnamese feed millers are buying Canadian canola meal at bargain prices, with imports of around 30,000 metric tons a month over recent months, according to traders. The purchases follow China's imposition of anti-dumping duties that curbed Chinese imports of Canadian canola meal earlier this year.
Redirected Canadian canola meal demand into Vietnam supports Canadian meal prices partly offset by lost Chinese demand, while the discounted prices make it a cheap protein option for feed buyers in Southeast Asia.
Not enough comparable past events yet for a historical read.
After 224 past neutral trade events, Soybean Meal moved a median -0.2% over 5 sessions (43% higher; middle half -1.7% to +1.2%), and -0.2% over 20.
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.