Loading…
Canada's agriculture minister asked China to provide proof of insect contamination in Canadian canola after China suspended shipments from Richardson International. China cited pest concerns, though some observers link the move to the arrest of Huawei executive Meng Wanzhou.
The dispute continues to restrict canola exports.
Continued Chinese restrictions on Canadian canola seed cut export demand and weigh on canola complex prices, with canola meal and oil partly redirected to other buyers.
feedandgrain.comDec 1, 2020Not enough comparable past events yet for a historical read.
After 20 past neutral geopolitics events, Soybeans moved a median -0.6% over 5 sessions (45% higher; middle half -2.2% to +1.5%), and +0.9% over 20.
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.
