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Australia has gained expanded access to the Chinese canola market after a trial was approved. The development allows Australian canola to enter China under the approved arrangement.
Greater access for Australian canola adds competing supply into China, which can pressure canola meal and seed prices. The effect depends on the volume shipped under the trial.
narrabri.netSuperUser AccountAug 9, 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.
