# China Brief | Edition 052: Free trade pilot in Beijing, China’s corn shortage and barley, COVID-19 vaccine, farm receipts, Spotlight feature Canada West FoundationCanada West Foundation

> Country Guide reports ICE November canola futures hit near two-year highs in the week ended September 2, 2020. Analysts expect limited further upside as harvest advances and yield uncertainty from August heat and dryness persists. Statistics Canada pegged the 2020-21 canola crop at 19.4 million tonnes and raised the 2019-20 estimate.

- Date: 2020-09-08 · published 2020-09-08T12:00:00.000Z
- Category: market · region Canada · magnitude low
- Page: https://feedsoft.ai/events/51099-china-brief-edition-052-free-trade-pilot-in-beijing-china-s-corn-shortage-and
- Commodities: [Canola Meal](https://feedsoft.ai/c/CANMEAL.md), [Soybean Oil](https://feedsoft.ai/c/SBO.md)

## Why it matters

Canola prices are supported by a smaller-than-expected crop and firm soy complex, but harvest pressure and uncertain yields limit further gains. Canola meal supply expectations shape feed pricing.

## Read by commodity

- SBO: bullish ▲
- CANMEAL: bullish ▲

## Sources

- cwf.ca: https://cwf.ca/research/publications/china-brief-edition-052-free-trade-pilot-in-beijing-chinas-corn-shortage-and-barley-covid-19-vaccine-farm-receipts-spotlight-feature/

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