(Jan 28): China has resumed purchases of Canadian canola, an early sign of a revival in the trade after the nations reached a deal this month to mend ties. Crushers in the country have booked cargoes of Canadian rapeseed, known locally as canola, for loading in the next few months, according to people with knowledge of the shipments. Importers also booked some canola meal for loading between April and June, said other people involved in the deals. Beijing has not confirmed the specific level but verified it would adjust its measures on Canadian canola and other agricultural products, including canola meal. With the tariff cuts, crushing a tonne of Canadian canola would generate more than US$40 (RM156.70) in profit, according to the traders.

Source: The Edge Markets January 28, 2026 10:50 UTC