Canberra is close to an agreement with Beijing that would allow Australian suppliers to ship five trial canola cargoes to China, sources familiar with the matter said, a move towards ending a years-long freeze in the trade.

Phytosanitary rules have restricted Australia’s canola exports to China
Growing conditions vary across province
If dryness not alleviated, canola would turnaround
But ground drier
Multiple factors driving canola’s rally
About 50 to 70 per cent of normal precipitation
Rainfall amounts vary widely
Also changes dry pea data
Weather, China could guide oilseed’s trajectory
Data varies from AAFC numbers