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Canada's Agriculture Minister Lawrence MacAulay said the diplomatic standoff with China should not hinder agricultural trade. He said there is no sign China's threats extend to farm goods.
Canada and China are in a standoff after Meng Wanzhou's arrest and the detentions of two Canadians.
The minister's view suggests near-term disruption to Canadian farm exports is unlikely, so the price impact on canola complex is limited for now.
ipolitics.caKelsey JohnsonDec 27, 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.
