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Canada's Agriculture Minister Lawrence MacAulay said a bilateral trade deal with China fits within the new USMCA requirements. He said the recent China trade mission produced deals worth about $640 million for agriculture and seafood.
The government's goal is to double agricultural exports to China by 2025.
Confirmation that a China deal is compatible with USMCA lowers the risk of a trade-policy hold on Canadian canola meal exports. The price impact is small for now.
brownfieldagnews.comNov 19, 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.
