# Oilseeds in the tight grip of geopolitics

> RaboResearch says geopolitics is reshaping canola trade, citing EU duties on Russian and Belarusian oilseeds that have halted EU canola meal imports from those countries. Canada faces possible Chinese canola import duties after Canada imposed duties on Chinese electric vehicles, and Statistics Canada estimates 2024 canola output below 17.8 million tonnes.

- Date: 2024-12-22 · published 2024-12-22T12:00:00.000Z
- Category: geopolitics · region Canada · magnitude medium
- Page: https://feedsoft.ai/events/27061-oilseeds-in-the-tight-grip-of-geopolitics
- Commodities: [Canola Meal](https://feedsoft.ai/c/CANMEAL.md)

## Why it matters

Potential Chinese duties on Canadian canola would redirect a large export flow and could pressure Canadian canola and meal prices while supporting alternative supplies. Reduced Canadian output also tightens available canola meal.

## Read by commodity

- CANMEAL: bullish ▲

## Sources

- sfs.org.au: https://sfs.org.au/article/oilseeds-in-the-tight-grip-of-geopolitics

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