Why are Chinese rapeseed meal and oil prices surging?

On the first day of trading since China’s decision to impose 100% tariffs on imports of rapeseed meal and oil from Canada, Zhengzhou rapeseed meal and oil contracts experienced a significant surge, according to a Reuters report.  Zhengzhou exchange’s most-active rapeseed meal futures experienced their largest daily gain since September 2022, surging 6% to reach […]