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Trump's proposed 25 per cent tariffs on Canadian imports would hit canola oil and meal, since the US is Canada's largest canola market by value. The Canola Council says US sales generated $8.6 billion in 2023, more than China's $5 billion.
US tariffs on Canadian canola oil and meal would reduce Canada's key export demand, pressuring Canadian crush margins and canola meal prices.
producer.comD'Arce McMillanFeb 12, 2025Not enough comparable past events yet for a historical read.
After 152 past bearish trade events, Soybean Oil moved a median -0.2% over 5 sessions (47% higher; middle half -2.1% to +2.1%), and -0.1% 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.
