# Canada Know-Risk Market Outlook | Tariff Threats Sink Grains

> Grain and oilseed markets fell as traders worried about possible new Trump tariffs on China and other countries. Canola rallied strongly over the past month but was taking profit, and palm oil weakness pulled soybean oil down two cents per pound.

- Date: 2024-11-12 · published 2024-11-12T12:00:00.000Z
- Category: trade · region Global · magnitude medium
- Page: https://feedsoft.ai/events/12339-canada-know-risk-market-outlook-tariff-threats-sink-grains
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Canola Meal](https://feedsoft.ai/c/CANMEAL.md), [Soybean Oil](https://feedsoft.ai/c/SBO.md), [Palm Oil](https://feedsoft.ai/c/PALMOIL.md)

## Why it matters

Tariff fears weigh on export demand expectations for US grains and oilseeds, while palm oil weakness pressures soyoil and canola prices.

## Read by commodity

- SBO: bearish ▼
- SOY: bearish ▼
- CORN: bearish ▼
- WHEAT: bearish ▼
- CANMEAL: bearish ▼
- PALMOIL: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2025-03-03 | [Wheat Market Outlook Special Tariff Report – March 3, 2025 \| Sask Wheat](https://feedsoft.ai/events/8144-wheat-market-outlook-special-tariff-report-march-3-2025-sask-wheat.md) | -0.2% | +2.5% |
| CORN | 2025-03-04 | [Grain Markets Sink on Tariff Retaliation: How Long Will It Take To Price It In?](https://feedsoft.ai/events/12568-grain-markets-sink-on-tariff-retaliation-how-long-will-it-take-to-price-it-in.md) | +3.2% | +4.7% |
| CORN | 2024-11-26 | [Corn, Soybeans Ease as Market Digests Trump Tariff Threats](https://feedsoft.ai/events/6059-corn-soybeans-ease-as-market-digests-trump-tariff-threats.md) | -0.6% | +4.7% |
| CORN | 2018-06-20 | [Tariff Threats Roil Crop Markets \| Farm Bureau Intel Markets \| American Farm Bureau Federation](https://feedsoft.ai/events/10572-tariff-threats-roil-crop-markets-farm-bureau-intel-markets-american-farm-bureau.md) | -0.2% | -1.5% |
| CORN | 2019-05-31 | [U.S. grains: Trump tariff threat pushes corn, soy, wheat lower - Grainews](https://feedsoft.ai/events/6687-u-s-grains-trump-tariff-threat-pushes-corn-soy-wheat-lower-grainews.md) | -2.5% | +3.0% |
| SOY | 2025-03-04 | [Grain Markets Sink on Tariff Retaliation: How Long Will It Take To Price It In?](https://feedsoft.ai/events/12568-grain-markets-sink-on-tariff-retaliation-how-long-will-it-take-to-price-it-in.md) | +0.2% | +1.7% |
| SOY | 2024-11-26 | [Corn, Soybeans Ease as Market Digests Trump Tariff Threats](https://feedsoft.ai/events/6059-corn-soybeans-ease-as-market-digests-trump-tariff-threats.md) | +0.6% | -1.1% |
| SOY | 2018-06-20 | [ICE weekly outlook: Canola seeks rain amid market turmoil \| Farmtario](https://feedsoft.ai/events/64499-ice-weekly-outlook-canola-seeks-rain-amid-market-turmoil-farmtario.md) | -2.4% | -5.3% |

## Sources

- stonex.com: https://www.stonex.com/en-us/insights/canada-know-risk-market-outlook-tariff-threats-sink-grains-1535290/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.