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Two exporters expect China to demand an extra one million tonnes of canola in 2017-18. Two large soybean crushing facilities in China are being converted to process canola.
Additional Chinese canola crush demand tightens export availability for Canada and supports canola meal and canola prices.
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.