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Australia has been taking market share from Canada in Japan and other Asia-Pacific markets, while Canadian canola stays the top choice in China. Parrish & Heimbecker's Jarrett Beatty made the comments at a Canola Council webinar on March 19.
Competitive pressure from Australian seed in Japan limits Canadian export pricing, though Canada's China advantage supports its market position.
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.