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Farm Credit Canada projects Canadian grain and oilseed millers' sales to fall 3.8% and volumes to drop 8.3% in 2025, with margins down 4.7%. The report cites China's 100% tariffs on Canadian canola oil and meal and uncertainty over US biofuel demand.
Weaker Canadian crush demand and oilseed trade disruption point to softer canola meal demand, though the outlook is a sector forecast rather than a new supply shock.
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.