China Books Australian Canola Cargoes After Canada Trade Spat

China has booked at least three shipments of Australian canola, potentially ending a years-long freeze as the Asian nation seeks to diversify its sources following a trade fallout with major supplier Canada.

Cofco International Ltd. booked the cargoes for the fourth quarter, likely arriving at Chinese crushing plants after December, according to people familiar with the matter, asking not to be identified as they’re not authorized to speak to the media. Canola is usually crushed for animal feed in China.