# Canada Know-Risk Market Outlook | Canada Eases Stance on Chinese Tariffs

> Chinese rapeseed and meal prices fell after Canada said it would give firms temporary tariff relief on Chinese EV imports. Canola and soybeans both rose that day. Corn spreads have also been strengthening during harvest, and US export sales were strong for soybeans and corn but weak for wheat.

- Date: 2024-10-21 · published 2024-10-21T12:00:00.000Z
- Category: trade · region Canada · magnitude low
- Page: https://feedsoft.ai/events/27855-canada-know-risk-market-outlook-canada-eases-stance-on-chinese-tariffs
- Commodities: [Canola Meal](https://feedsoft.ai/c/CANMEAL.md), [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

Easing trade tensions reduce risk to Canadian canola exports and lift soybean sentiment. Firm corn spreads point to stronger cash demand than the large carryout would suggest.

## Read by commodity

- SOY: bullish ▲
- CANMEAL: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2026-04-10 | [Canada Know-Risk Market Outlook \| Soybean Meal Rallies on Strong Demand](https://feedsoft.ai/events/11667-canada-know-risk-market-outlook-soybean-meal-rallies-on-strong-demand.md) | -0.1% | +1.0% |
| SOY | 2022-12-15 | [Canada Know-Risk Market Outlook \| Wheat Demand Surfaces On Price Break](https://feedsoft.ai/events/38267-canada-know-risk-market-outlook-wheat-demand-surfaces-on-price-break.md) | -0.1% | +3.8% |
| SOY | 2020-02-06 | [How Chinese tariffs on U.S. imports will stand after February 14 cuts](https://feedsoft.ai/events/54475-how-chinese-tariffs-on-u-s-imports-will-stand-after-february-14-cuts.md) | +1.4% | +1.0% |
| SOY | 2020-07-16 | [Soybean Rises on Stronger Chinese Demand](https://feedsoft.ai/events/52164-soybean-rises-on-stronger-chinese-demand.md) | +1.5% | +0.5% |
| SOY | 2024-06-01 | [Soyoil Jumps on Bets US Tariffs to Include Chinese Cooking Oil](https://feedsoft.ai/events/30339-soyoil-jumps-on-bets-us-tariffs-to-include-chinese-cooking-oil.md) | -2.1% | -3.8% |

## Sources

- stonex.com: https://www.stonex.com/en-us/insights/canada-know-risk-market-outlook-canada-eases-stance-on-chinese-tariffs-1530491/

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