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In a House of Commons statement on December 10, Liberal parliamentary secretary Kevin Lamoureux said the government is working to reopen Chinese market access for canola. He noted an industry-government working group formed in April to pursue diversification.
Continued uncertainty over China access keeps Canadian canola export demand constrained, leaving domestic canola and meal prices under pressure.
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.