# Australia could be canola trade winner if China gets over fungus worries

> Australia could gain canola export share if China lifts concerns about the fungus blackleg in Canadian canola. About 40% of Canada's canola exports typically go to China, which accounts for 90% of China's oilseed imports. Market access for Australian canola would depend on China's phytosanitary stance.

- Date: 2024-10-01 · published 2024-10-01T12:00:00.000Z
- Category: disease · region Australia · magnitude medium
- Page: https://feedsoft.ai/events/27851-australia-could-be-canola-trade-winner-if-china-gets-over-fungus-worries
- Commodities: [Canola Meal](https://feedsoft.ai/c/CANMEAL.md)

## Why it matters

A shift in Chinese demand toward Australian supply would tighten Canadian export flows and could weigh on Canadian canola meal, while supporting Australian supply.

## Read by commodity

- CANMEAL: bearish ▼

## Sources

- reuters.com: https://www.reuters.com/markets/commodities/australia-could-be-canola-trade-winner-if-china-gets-over-fungus-worries-2024-10-01/

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