# China may not save canola exports | The Western Producer

> MarketsFarm analyst Mike Jubinville reports China bought up to one million tonnes of Canadian canola for March through May delivery, though he doubts the buying will lift futures. Mercantile Consulting reports four to six cargoes sold to China in recent weeks, following a record 739,000 tonnes bought in December 2023.

- Date: 2024-02-01 · published 2024-02-01T12:00:00.000Z
- Category: trade · region China · magnitude low
- Page: https://feedsoft.ai/events/31636-china-may-not-save-canola-exports-the-western-producer
- Commodities: [Canola Meal](https://feedsoft.ai/c/CANMEAL.md)

## Why it matters

Chinese buying supports Canadian canola export flows, but analysts expect limited price support because China is buying at prices set by sellers and futures have trended lower since summer.

## Read by commodity

- CANMEAL: neutral

## Sources

- producer.com: https://www.producer.com/news/china-may-not-save-canola-exports/

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