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The Canadian Press reports that China has imposed 100% tariffs on Canadian canola oil, canola meal and peas in retaliation for Canada's levies on Chinese EVs, steel and aluminum. Saskatchewan farmers say the tariffs are hitting canola-dependent farm incomes, while uncertainty persists over US tariffs.
Tariffs on canola meal and peas reduce Canadian export demand from China and can pressure canola crush margins. Producers facing weaker returns may shift acreage, which affects future canola supply.
globalnews.caThe Canadian PressApr 27, 2025Not enough comparable past events yet for a historical read.
After 342 past bullish trade events, Soybean Meal moved a median +0.1% over 5 sessions (51% higher; middle half -1.1% to +2.6%), and +0.6% 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.
