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Canada and China extended a deal lowering Beijing's agricultural tariffs through the end of 2028, agreed at a meeting in Beijing co-led by the two commerce ministers. The extension cuts Chinese duties on Canadian canola meal, peas, lobster and crab, and both sides pledged further talks on boosting Canadian exports.
Lower Chinese tariffs on canola meal restore Canadian protein meal competitiveness in China, supporting canola meal export flows and modestly easing pressure on Canadian canola meal prices.
farmprogress.comBloombergNov 5, 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.
