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The Canola Council of Canada backed a possible Canada-China FTA, citing an independent study projecting 33,000 additional Canadian jobs from canola exports. The government announced on March 3 that it was seeking Canadians' views on the possible agreement, which follows exploratory talks begun in September 2016.
A deal removing Chinese tariffs would expand demand for Canadian canola and meal, a potential support for canola meal prices over the longer term.
world-grain.comHolly Demaree-SaddlerMar 8, 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.
