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The Canola Council welcomed the Canadian government's April 1 announcement of a working group to resolve China's market access concerns. China has suspended export licences for Richardson and Viterra and cites quality concerns over Canadian canola seed.
The suspension of major exporters from China's market is bearish for Canadian canola seed, though a resolution could restore flows and ease prices.
canolacouncil.orgCanola CouncilApr 1, 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.
