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Saskatchewan canola farmers are seeking buyers to replace lost Chinese demand, which China has blocked since spring. The Canola Council says China is one of Canada's most important customers, having imported $4.4 billion of canola products last year, and Canada has formally challenged the ban.
With China's canola purchases blocked, Canadian canola must find other buyers, which keeps export demand weaker and pressures canola prices.
cjme.comDominick LucykOct 17, 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.
