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Chinese rapeseed meal prices jumped by the most in two years after Beijing imposed levies on Canadian canola imports following an anti-dumping probe. Most-active futures rose as much as 6.4% intraday.
Duties on Canadian canola cut China's supply of imported seed, so domestic crushers have less meal to sell. Tighter meal supply lifts meal prices and raises the cost of protein feed in China.
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.