# Canada frets about potential Chinese crackdown on more exports, mulls Xi meeting

> China has blocked imports of Canadian canola seed and is increasing customs examinations of pork shipments amid a diplomatic dispute. Canadian exports fell sharply in April as shipments to China stopped. Canada is reportedly weighing a meeting between leaders.

- Date: 2019-06-06 · published 2019-06-06T12:00:00.000Z
- Category: geopolitics · region China · magnitude medium
- Page: https://feedsoft.ai/events/58582-canada-frets-about-potential-chinese-crackdown-on-more-exports-mulls-xi-meeting
- Commodities: [Canola Meal](https://feedsoft.ai/c/CANMEAL.md), [Lean Hogs](https://feedsoft.ai/c/HOGS.md)

## Why it matters

Loss of China as a buyer for canola and pork weakens Canadian export demand and pressures prices for canola meal and hog products. Further escalation could widen the discount on Canadian oilseeds.

## Read by commodity

- HOGS: bearish ▼
- CANMEAL: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| HOGS | 2017-01-26 | [Peso falls to session lows after meeting between US and Mexico presidents falls through](https://feedsoft.ai/events/73207-peso-falls-to-session-lows-after-meeting-between-us-and-mexico-presidents-falls.md) | +2.5% | +6.2% |
| HOGS | 2022-04-25 | [China Lockdown Angst Rips Through Markets; CSI 300 Stocks, Yuan (CNY/USD) Plunge - Bloomberg](https://feedsoft.ai/events/7338-china-lockdown-angst-rips-through-markets-csi-300-stocks-yuan-cny-usd-plunge.md) | -5.4% | -1.6% |
| HOGS | 2017-03-28 | [Pork and beans could take brunt of China-U.S. trade dispute](https://feedsoft.ai/events/71849-pork-and-beans-could-take-brunt-of-china-u-s-trade-dispute.md) | -2.3% | -6.2% |
| HOGS | 2020-05-29 | [CME update: lean hog futures slide amid diplomatic tensions between the US and China
						 \| The Pig Site](https://feedsoft.ai/events/53265-cme-update-lean-hog-futures-slide-amid-diplomatic-tensions-between-the-us-and.md) | -12.3% | -19.6% |
| HOGS | 2022-05-31 | [Market Closes - May 31, 2022 - Kentucky Farm Bureau](https://feedsoft.ai/events/6237-market-closes-may-31-2022-kentucky-farm-bureau.md) | +0.4% | +1.8% |

## Sources

- reuters.com: https://www.reuters.com/article/us-canada-trade-china/canada-is-worried-about-potential-chinese-crackdown-on-more-exports-pm-idUSKCN1T71YZ/?il=0

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