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Canadian canola exports surged 67% year on year after China raised tariffs on Canadian canola oil and meal to 100%, and Chinese processors stockpiled. July ICE canola rose 13% in April to a season high.
Canada's 2024/25 exports reached 7.5 million tons.
Strong export demand and tightening Canadian stocks support canola prices, with traders calling the market overbought. Expected tariff-driven cuts in new-season plantings could keep prices elevated.
ukragroconsult.comApr 28, 2025Not enough comparable past events yet for a historical read.
After 81 past neutral trade events, Soybean Oil moved a median +0.3% over 5 sessions (56% higher; middle half -1.6% to +1.8%), and +0.9% 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.
