Canada's Canola Inventory Reaches Four-Year High Amid China's Anti-Dumping Investigation

Reported about 1 month ago

Canada's canola stockpiles have surged to a four-year high of 3.1 million metric tons, following China's announcement of an anti-dumping investigation into Canadian shipments. This increase is a 67% rise from the previous year, coinciding with the new harvest. Traders are concerned that ongoing tensions between Canada and China could impact canola exports, causing futures prices to fluctuate.

Source: YAHOO

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