Prices of canola oilseed to remain high as China increases demand for global oilseeds

The price of canola oilseeds is booming at a historical high, and it will most likely remain this way.
The main cause is China, which since mid-2020 have maintained a high demand for global oilseeds – most of it soybean – and has risen all oilseeds prices considerably. China demands around 60% of the total imports of soybean. This has not only increased the export price of this particular commodity but of all main substitutes too.