Loading…
Chinese tariffs of 100% on Canadian canola meal and oil, plus a threat to tariff canola seed, are expected to push thousands of Canadian farmers to cut canola acres further. Analysts estimate hundreds of thousands to millions of acres could shift toward wheat.
The trade dispute is compounding earlier pressures from drought, high costs and crop disease.
Lower canola plantings reduce future canola meal and oil supply, while more wheat acres add to wheat supply. Trade barriers keep Canadian canola meal demand weak in China.
reuters.comEd WhiteJun 9, 2025Not enough comparable past events yet for a historical read.
After 375 past bearish trade events, Wheat (SRW) moved a median -0.2% over 5 sessions (47% higher; middle half -2.0% to +1.1%), and -0.1% over 20.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
