# Canola prices rising despite continued trade tensions with China - Supply Professional

> Canola futures rose to their highest level in nearly two years at the end of July despite continued trade tensions with China. Analysts say back-door access to the Chinese market is supporting prices, and Canadian canola seed exports to China are running at about 30 percent of normal levels.

- Date: 2020-08-12 · published 2020-08-12T12:00:00.000Z
- Category: trade · region Canada · magnitude medium
- Page: https://feedsoft.ai/events/51591-canola-prices-rising-despite-continued-trade-tensions-with-china-supply
- Commodities: [Canola Meal](https://feedsoft.ai/c/CANMEAL.md)

## Why it matters

Strong futures and tight Chinese-bound flows support canola-based feed ingredients, and analysts expect further upside as Canadian supply is redirected.

## Read by commodity

- CANMEAL: bullish ▲

## Sources

- supplypro.ca: https://www.supplypro.ca/canola-prices-rising-despite-continued-trade-tensions-with-china/

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