
China has resumed purchases of Canadian canola after a deal to reduce tariffs and suspend a 100% duty on canola meal. Crushers have booked at least about 600,000 tons, mainly for loading March to April, with some canola meal booked for April to June.
Restored Chinese demand for Canadian canola and meal supports ICE canola futures and displaces Australian supply, tightening availability for buyers. Further bookings would reinforce the price firmness.
Not enough comparable past events yet for a historical read.
After 250 past neutral trade events, SOY moved a median +0.0% over 5 sessions (50% higher; middle half -1.4% to +1.6%), and -0.2% over 20.
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.