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Canada's trade minister said China agreed to extend tariff relief on Canadian canola meal and lobster until the end of 2028. The extension was agreed in Beijing during a bilateral trade meeting.
The relief was previously set to expire at the end of 2026.
Continued Chinese access for Canadian canola meal supports export demand and helps keep Canadian meal prices firm against competing oilseed meals. The price effect is supportive but mainly removes a year-end risk.
sa.marketscreener.comReutersNov 4, 2026Not 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.
