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The Canola Council of Canada is taking seriously Donald Trump's threat of a 25% import tariff on Canadian goods. Canada ships significant canola oil and meal to the US, with the US taking 97% of canola oil exports and 59% of meal exports in the first eight months of 2024.
Oats also face heavy US dependence.
A 25% US tariff would reduce Canadian canola oil and meal demand and oat exports, pressuring Canadian prices. The threat remains unconfirmed, which keeps uncertainty high.
producer.comSean PrattDec 4, 2024Not enough comparable past events yet for a historical read.
After 17 past bearish trade events, Oats moved a median +1.2% over 5 sessions (71% higher; middle half -4.2% to +5.0%), and -0.2% 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.
