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Saskatchewan farmers are weighing whether to keep planting canola as China's 100% tariff on canola oil and meal weighs on returns. China took about 70% of Canadian canola shipments and exported $4.9 billion in 2024, and high input costs add to the pressure.
Reduced Canadian canola acreage would tighten seed and meal supplies, supporting canola meal prices over time.
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.