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A Canada West Foundation policy paper examines China's March decision to halt imports of Canadian canola, noting Canada exported nearly $12 billion of canola in 2018, with about $4 billion of seed and oil going to China. It recommends practical steps such as a non-tariff barrier agreement, market diversification and product diversification.
Losing access to China removes a major buyer of Canadian canola seed, pressuring Canadian canola prices and raising the chance of more canola meal and oil being redirected to other markets.
cwf.caApr 26, 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.
