Loading…

China's most-active Zhengzhou rapeseed meal futures rose 3.2% in early trade after Beijing announced levies on canola imports from Canada, its top supplier. Traders expected tighter supplies as a result.
Expected tighter supply of imported canola reduces meal output in China, which supports meal prices. Higher meal prices raise feed costs for Chinese livestock and poultry producers.
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.