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The Canadian government says China has reinstated market access for two Canadian grain companies that had been barred from exporting canola seed since March 2019. The restrictions followed Canada's arrest of Huawei CFO Meng Wanzhou.
The ministers said Canada will keep defending its canola interests in China.
Reinstating two exporters restores some canola seed trade with China, which supports Canadian supply flows. The effect on feed meal prices is limited for now.
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.