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Saskatchewan's trade minister says the province is encouraged by renewed US-Canada talks that include reviving the Keystone XL pipeline, and by federal officials travelling to China this week. He also flagged an approaching deadline for temporary Chinese tariff relief on Canadian canola.
Trump said over the weekend that the two countries had a framework for a possible deal.
A US-Canada framework and easing of Chinese canola tariffs would restore export access for Canadian canola, which could ease pressure on canola seed, oil and meal prices. The outcome remains uncertain, so the price effect is still speculative.
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.
