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Manitoba Co-operator editorial says China's 2019 curbs on canola from two major exporters caused smaller losses than expected, with shipments falling 50-70 per cent but not halting. A Canola Council study puts farmer losses at up to $1.3 billion, and high prices have masked the damage.
Ongoing Chinese restrictions on canola exports limit supply options and keep canola meal and seed prices supported in the current tight market.
manitobacooperator.caGord GilmourApr 8, 2021Not 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.
