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China blocked Canada's attempt at the WTO Dispute Settlement Body to escalate its canola dispute to a formal panel. Canada says two years of Chinese restrictions have cost its industry close to $2 billion.
The blocked panel request prolongs restrictions on Canadian canola seed exports to China, keeping canola meal supply to China constrained and supporting prices in the canola complex.
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.