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Canada-China tensions have risen after Huawei CFO Meng Wanzhou was arrested in Vancouver at the request of U.S. authorities. China threatened severe consequences, and China's spy agency detained former Canadian diplomat Michael Kovrig.
Farm analysts fear Chinese retaliation could target canola, one of Canada's major agricultural exports to China.
China is a major buyer of Canadian oilseeds, so any retaliatory tariff or purchase halt would weigh on canola and canola meal demand and prices.
financialpost.comDec 13, 2018Not 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.
