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An explainer outlines the escalating Canada-China trade dispute, which has effectively shut Canadian canola out of its largest market. Canola is a Canadian oilseed whose meal is widely used as livestock feed, and acreage has tripled over the past 20 years.
Prairie farmers and politicians are worried about the impact on the industry.
The explainer reinforces that a prolonged loss of Chinese demand would weigh on Canadian canola prices and the feed meal supply chain, but it adds no new trade action.
ipolitics.caKelsey JohnsonMar 28, 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.
