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A Canola Digest article reports that China, the top importer of Canadian canola seed, produces about 15 million tonnes of canola on 18.5 million acres, similar in scale to Canada. It describes clubroot, a disease first found in Hubei in 2009 that has spread across China, and highlights a workshop in Wuhan on managing it.
Clubroot spread in China could eventually reduce domestic rapeseed output and raise import needs, but the effect on current canola prices is speculative and limited.
canoladigest.caCanola DigestNov 7, 2017Not 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.
