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Canadian canola meal shipments to China reached 415,000 tonnes from January through August, the highest since 2011 and up from zero last year, worth C$132.1 million. Several Canadian plants were newly registered by Chinese authorities after a trade dispute over canola seed.
Renewed Chinese demand for Canadian canola meal supports export prices and crusher margins, tightening meal availability for other markets including the US.
customstoday.mediaCT ReportNov 17, 2016Not 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.
