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Canadian canola crushers paused new bookings of canola meal and oil to the U.S. in early January while awaiting clarity on proposed 25% tariffs on Canadian goods. Existing shipments continue, but future sales have stalled.
A halt in new U.S. bookings for canola meal and oil reduces future export demand and could pressure Prairie canola prices if uncertainty persists through winter.
producer.comRobert ArnasonJan 22, 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.
