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Glacier FarmMedia's John Morriss argues that Chinese tariffs on Canadian canola oil and meal may have limited effect on seed prices. He cites trade data showing China took only 0.4% of 2024 oil exports, while seed exports to China are running well ahead of last year.
If China's tariff impact is confined to crush products while seed buying stays strong, canola seed prices may hold up better than feared. Meal imports by China are already front-loaded, which could reduce future meal demand.
producer.comGlacier FarmMedia, John MorrissApr 9, 2025Not 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.
