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Australian and Canadian canola growers are weighing the 25 per cent US tariff on Canadian imports, which would affect Canada's largest crushed canola market. Canada exported 7 Mt of seed, 3.15 Mt of oil and 5.4 Mt of meal in 2023, and China took 4.6 Mt of canola in the same year.
Pacific Seeds reports strong early seed sales in Australia.
Tariff-driven shifts in Canadian canola flows could redirect demand toward Australian and other origins, while Canadian crush and meal prices face downside.
graincentral.comLiz WellsFeb 5, 2025Not 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.
