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A year-in-review analysis of Canada-China trade notes China was Canada's second largest trading partner, with imports from China reaching about $75 billion in 2019. It describes canola exports halted in March 2019 and pork and beef exports paused in June, with meat trade reopening in November.
The analysis says canola remains in limbo.
The review confirms the scale of lost Chinese demand for Canadian oilseeds and meats, which supports Canadian canola prices remaining at a discount. It offers background rather than a new market shift.
ualberta.caTom AltonFeb 13, 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.
