# First Cut is the Deepest - Business In Calgary

> Canadian canola growers face storage and cash-flow strain as China's ban on seed from major exporters leaves crop unsold. The article notes the dispute is widely seen as political, linked to the Huawei executive arrest.

- Date: 2019-05-30 · published 2019-05-30T12:00:00.000Z
- Category: trade · region Canada · magnitude low
- Page: https://feedsoft.ai/events/59071-first-cut-is-the-deepest-business-in-calgary
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Canola Meal](https://feedsoft.ai/c/CANMEAL.md)

## Why it matters

Growers forced to sell into a weak market or store large stocks may add to near-term selling pressure on canola, keeping prices subdued.

## Read by commodity

- SOY: neutral
- CANMEAL: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2019-02-22 | [U.S. Farmers Receive $7.7 Billion in Trade Aid to Date: USDA - Business Insider](https://feedsoft.ai/events/60600-u-s-farmers-receive-7-7-billion-in-trade-aid-to-date-usda-business-insider.md) | -1.5% | -0.1% |
| SOY | 2018-06-05 | [Have we posted highs in the grain market? \| Iowa Agribusiness Radio Network](https://feedsoft.ai/events/6751-have-we-posted-highs-in-the-grain-market-iowa-agribusiness-radio-network.md) | -4.8% | -15.3% |
| SOY | 2024-09-23 | [Chinese imports of soybeans from the US in August increased by 70%](https://feedsoft.ai/events/14722-chinese-imports-of-soybeans-from-the-us-in-august-increased-by-70.md) | +5.3% | -4.2% |
| SOY | 2020-01-15 | [What's in the U.S.-China Phase 1 trade deal](https://feedsoft.ai/events/54939-what-s-in-the-u-s-china-phase-1-trade-deal.md) | -1.6% | -3.9% |
| SOY | 2017-04-06 | [US Agriculture Bets the Farm on Chinese Soy Demand](https://feedsoft.ai/events/71362-us-agriculture-bets-the-farm-on-chinese-soy-demand.md) | +0.4% | +2.2% |

## Sources

- businessincalgary.com: https://businessincalgary.com/first-cut-is-the-deepest/
- businessinedmonton.com: https://businessinedmonton.com/first-cut-is-the-deepest/

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