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The Canola Council of Canada says it remains committed to restoring full Chinese market access for Canadian canola seed. China suspended export permits for Richardson International and Viterra in March 2019, and seed exports to China are now about 30% of previous levels.
With China, once Canada's largest canola seed buyer, still largely shut out, Canadian canola faces a persistent demand gap that weighs on prices and export flows.
manitobacooperator.caAllan DawsonMay 12, 2020Not 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.
