Group 1 - The core viewpoint indicates that the recent performance of oilseed meal is weak, influenced by accelerated soybean auctions and potential visits from Canadian officials to China, with canola oil prices significantly declining due to macroeconomic factors [3][17] - The ICE canola futures have seen a rapid decline, with the January contract nearing 580 CAD/ton, down nearly 70 CAD/ton since December, primarily due to an increase in projected carryover stocks [4][18] - Canadian canola spot prices have also dropped, with Vancouver FOB prices falling below 620 CAD/ton and inland prices below 530 CAD/ton, indicating theoretical losses in canola planting [6][20] Group 2 - There is strong market anticipation for Canadian officials to visit China, as the Canadian Foreign Minister has mentioned efforts to improve relations, with the Prime Minister expected to visit early in 2026 [8][22] - The first shipment of Australian canola has cleared customs, expected to boost processing rates at coastal oil mills and alleviate port supply tensions, although it faces global canola price pressures [11][25] - There is an improvement in terminal inquiry willingness for canola oil, with expectations of price stabilization in the 3-5 month period, despite the overall weak trend in oilseed meal prices [13][27] Group 3 - The overall expectation is for a marginally relaxed supply of oilseeds, with oilseed meal likely to continue weak performance, influenced by international crude oil prices and domestic soybean auction rhythms [15][29]