# U.S.-China trade turmoil could be a boon for Canadian farmers — but not without some pain first - Financial Post

> Farm Credit Canada's annual report says trade turmoil could benefit Canadian agriculture over the long term but will cause short-term price volatility. The U.S. and China have exchanged $360 billion in tariffs, with Chinese duties hitting U.S. soybeans and pork, and Mexico has also tariffed U.S. pork.

- Date: 2018-10-31 · published 2018-10-31T12:00:00.000Z
- Category: report · region Canada · magnitude low
- Page: https://feedsoft.ai/events/62525-u-s-china-trade-turmoil-could-be-a-boon-for-canadian-farmers-but-not-without
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

Short-term price swings and diverted trade flows reduce the performance of Canadian producers. Feed buyers should expect continued volatility in North American oilseed and pork-linked feed demand.

## Read by commodity

- SOY: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2024-11-08 | [US soybean trade with China already strained before Trump's return](https://feedsoft.ai/events/14705-us-soybean-trade-with-china-already-strained-before-trump-s-return.md) | -2.9% | -2.1% |
| SOY | 2019-09-03 | [Shaky start to September as trade fears and shrinking U.S. factory output slam stocks \| Financial Post](https://feedsoft.ai/events/12332-shaky-start-to-september-as-trade-fears-and-shrinking-u-s-factory-output-slam.md) | -1.4% | +5.7% |
| SOY | 2022-04-26 | [Argentine corn sowings to fall for first time in 9 years, as farmers switch to soy - Grain Price News](https://feedsoft.ai/events/14041-argentine-corn-sowings-to-fall-for-first-time-in-9-years-as-farmers-switch-to.md) | -1.7% | -1.0% |
| SOY | 2022-09-28 | [Argentina soy harvest set to climb next season; wheat, corn to retreat \| Financial Post](https://feedsoft.ai/events/14011-argentina-soy-harvest-set-to-climb-next-season-wheat-corn-to-retreat-financial.md) | -1.7% | -1.8% |
| SOY | 2018-07-12 | [China cuts soybean import forecast in face of trade war](https://feedsoft.ai/events/63895-china-cuts-soybean-import-forecast-in-face-of-trade-war.md) | +1.5% | +7.7% |

## Sources

- financialpost.com: https://financialpost.com/investing/why-the-u-s-china-trade-war-could-be-a-boon-for-canadian-farmers/

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