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China lifted its four-month ban on Canadian beef and pork after a swine flu outbreak drove up domestic pork demand. Canadian officials say the canola ban, which covers two major producers, is more complicated and has no timeline for resolution.
A swine flu-driven drop in Chinese hog numbers could also reduce demand for canola meal.
Continued restrictions on Canadian canola limit China's purchases of canola meal, while fewer Chinese pigs cut the feed demand that supports meal use.
thestarphoenix.comZak VesceraNov 7, 2019Not 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.
