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Syngenta Canada has exited the canola seed business and dropped its canola hybrids from the 2018 Western Canada seed guide. The company is finalizing its takeover by ChemChina and will continue supporting existing canola products through 2017 seeding.
Reduced seed competition could affect canola variety choice and seed pricing in Western Canada, but has little direct effect on near-term supply.
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.