# Huawei Ruling Crushes Hope China May End Canola Feud With Canada

> A Vancouver court ruled that extradition proceedings against Huawei CFO Meng Wanzhou may continue, dashing hopes that China would soon reinstate canola export licenses. Canola futures fell 0.5% to C$461.40 a ton.

- Date: 2020-05-28 · published 2020-05-28T12:00:00.000Z
- Category: geopolitics · region China · magnitude medium
- Page: https://feedsoft.ai/events/53088-huawei-ruling-crushes-hope-china-may-end-canola-feud-with-canada
- Commodities: [Canola Meal](https://feedsoft.ai/c/CANMEAL.md)

## Why it matters

Continued blockage of Chinese canola demand removes a potential bullish catalyst, keeping Canadian canola prices under pressure ahead of the new crop.

## Read by commodity

- CANMEAL: bearish ▼

## Sources

- ajot.com: https://www.ajot.com/news/huawei-ruling-crushes-hope-china-may-end-canola-feud-with-canada

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