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Canada and China concluded their Canada-China Economic and Financial Strategic Dialogue in Beijing, agreeing to double agricultural trade by 2025 and to work on priority sectors. The two countries also agreed to keep exploring a comprehensive trade agreement.
The Canadian Canola Growers Association welcomed the outcomes and said it wants tariff and non-tariff barriers addressed.
A stated goal of doubling farm trade with China supports future Canadian canola meal and oil export demand, though no tariff changes have been enacted yet. Buyers should treat the price effect as a longer-term, medium-strength signal.
ccga.caNov 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.
