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China has reinstated market access for Richardson and Viterra, two large Canadian grain traders whose licenses were suspended in 2019 over alleged quarantine pests. The Canola Council called it a positive step toward restoring full canola trade with China.
The WTO dispute process had moved to a panel stage.
Restored access for two major exporters improves the outlook for Canadian canola flows to China. The gain is gradual, however, because stocks are low.
agnavigator.comJane ByrneMay 20, 2022Not 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.
