# As China spat hits hard, Canada’s canola exporters see alternatives in EU biofuel industry | Biocap

> Canadian canola exporters are looking to the European biodiesel sector after China's trade dispute with Canada hurt sales. Europe's rapeseed harvest is expected to fall to a 13-year low, and USDA forecasts European import demand could reach a record 5 million tons. The EU renewable fuel target of 10 percent by 2020 supports rapeseed-based biodiesel demand.

- Date: 2019-08-26 · published 2019-08-26T12:00:00.000Z
- Category: trade · region Canada · magnitude medium
- Page: https://feedsoft.ai/events/57705-as-china-spat-hits-hard-canada-s-canola-exporters-see-alternatives-in-eu
- Commodities: [Canola Meal](https://feedsoft.ai/c/CANMEAL.md)

## Why it matters

A record European import pull could absorb Canadian canola that would otherwise have gone to China, supporting canola meal and seed prices. Lower EU rapeseed output tightens the global oilseed balance.

## Read by commodity

- CANMEAL: bullish ▲

## Sources

- biocap.ca: https://www.biocap.ca/as-china-spat-hits-hard-canadas-canola-exporters-see-alternatives-in-eu-biofuel-industry/

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