# Trade Agreements and Diversification Drive Growth in Canola Exports | Canadian Canola Growers Association

> The Canadian Canola Growers Association said the USMCA and CPTPP trade agreements secured duty-free access for canola seed, oil and meal. CPTPP is set to take effect for Canada on December 30, bringing tariff reductions that will erase Australia's advantage in Japan. About 90 per cent of Canadian canola is exported, and the two deals cover 60 per cent of 2017 exports.

- Date: 2018-11-14 · published 2018-11-14T12:00:00.000Z
- Category: trade · region Canada · magnitude medium
- Page: https://feedsoft.ai/events/62015-trade-agreements-and-diversification-drive-growth-in-canola-exports-canadian
- Commodities: [Canola Meal](https://feedsoft.ai/c/CANMEAL.md)

## Why it matters

Preserved duty-free access and tariff cuts in key Asian markets support demand for Canadian canola meal and oil. The effect on prices is medium, mainly through export competitiveness.

## Read by commodity

- CANMEAL: bullish ▲

## Sources

- ccga.ca: https://www.ccga.ca/trade-agreements-diversification-growth

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