Loading…
China's General Administration of Customs said it detected hazardous organisms in canola seed shipments from Viterra Inc. and blocked the company's shipments. The announcement was posted on the customs website.
The move is the second against a Canadian canola company after Richardson International.
Blocking another major Canadian canola handler reduces Chinese import access for Canadian seed and supports bearish pressure on canola prices.
apnews.comRob GilliesMar 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.
