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China expanded its ban on Canadian canola imports to include shipments from Viterra Inc., after previously halting shipments from Richardson International. Customs said pests were detected in samples from Viterra cargoes at the ports of Dalian and Nanning.
Losing access for two major Canadian canola exporters tightens China's supply of canola and shifts flows toward other origins, supporting canola meal and seed prices while pressuring Canadian basis.
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.