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Canadian and Chinese officials held a call on canola seed trade conditions. China will keep accepting canola seed on a temporary basis if shipments contain less than 1% dockage.
Exports from Viterra and Richardson remain blocked, and Canada is shipping about 30% of normal seed volumes to China.
Blocked Chinese access keeps Canadian seed exports well below normal, which weighs on canola seed prices while domestic crushing stays strong for meal and oil.
pembinavalleyonline.comApr 1, 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.
