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China agreed to extend its suspension of the 100% import tariff on Canadian canola meal through the end of 2028, following an agreement reached by the countries’ joint economic and trade commission and announced on November 4. Canadian shipments of canola and its products to China were valued at $2.4 billion in January–August 2026, up 28% year over year.
The extension preserves predictable, duty-free access for Canadian canola meal in a major export market, supporting Chinese demand and Canadian export flows. It reduces the risk of a tariff-driven loss of sales and is supportive for canola meal prices relative to a return of the duty.
ukragroconsult.comNov 9, 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.
