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China's ban on Canadian canola seed imports remains in place with no resolution in sight, and export licenses for Viterra and Richardson stay suspended. Canola oil and meal imports are unaffected, and Canadian industry groups are pursuing market diversification and government support programs.
Continued blocking of Canadian canola seed to China keeps Canadian supplies domestically oversupplied, which pressures canola prices lower, though meal and oil trade continues to support the market.
dutchopeners.comscott@adspark.caSep 12, 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.
