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Canadian Canola Growers Association testimony to a parliamentary committee says canola is Canada's most widely planted crop, earning farmers $10.2 billion in 2020. More than 90% of Canadian canola is exported as seed, oil or meal.
Canola's heavy export dependence means trade access and export policy changes directly affect canola meal and seed prices for feed buyers.
openparliament.caApr 27, 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.
