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Monsanto Canada plans to commercialize its TruFlex canola herbicide-tolerance trait in 2019, pending Chinese import approval expected in the first quarter of 2019. The trait allows wider glyphosate application windows.
Approval of the trait by China would ease canola trade flows and could raise canola supplies, a modest bearish factor for canola meal over the longer term.
Not 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.