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Canadian harvested canola area has held near 20 million acres for four years, and Canada exports about 90 per cent of its canola. China took 39 per cent of seed exports in 2015-16, while the US takes most canola oil and meal.
This background snapshot of market structure gives context on canola export dependence but reports no new supply or demand shock.
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.