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China has lifted a three-year ban on canola seed imports from Viterra and Richardson International, reinstating their licences. The ban, imposed in March 2019 amid diplomatic tensions, had cut off a market worth about US$2.8bn a year.
Restoring two major Canadian exporters' access to China, the largest canola importer, supports Canadian canola export demand and prices.
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.