
Chinese rapeseed meal and oil futures surged after the 100% tariffs on Canadian imports were announced. China Grain Net said the tariffs should raise the cost of Canadian canola oil, easing domestic oversupply and stabilizing rapeseed oil prices.
Higher landed costs for Canadian canola oil and meal support Chinese domestic rapeseed product prices and shift demand toward local crush and other origins.
After 224 past bullish trade events, Soybean Oil moved a median +0.4% over 5 sessions (54% higher; middle half -1.5% to +2.1%), and -0.5% over 20.
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.