# U.S.-Canada trade war means more market share, but smaller profits for Canadian farmers  | Globalnews.ca

> Canada's agriculture sector has gained market share in soybeans and wheat sold to China and pork sold to Mexico. However, U.S. tariff fights are depressing commodity prices and reducing Canadian farm margins. Canadian soy and hog farmers are seeking compensation, while the U.S. has a $12 billion aid program.

- Date: 2018-10-26 · published 2018-10-26T12:00:00.000Z
- Category: trade · region Canada · magnitude medium
- Page: https://feedsoft.ai/events/62527-u-s-canada-trade-war-means-more-market-share-but-smaller-profits-for-canadian
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md)

## Why it matters

Lower U.S. prices weigh on Canadian crop values even as export volumes rise. Canadian supply may move to other markets, but farm-gate price pressure persists.

## Read by commodity

- SOY: bearish ▼
- WHEAT: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2018-08-11 | [China says U.S. farmers may never regain market share lost in trade war - POLITICO](https://feedsoft.ai/events/63420-china-says-u-s-farmers-may-never-regain-market-share-lost-in-trade-war-politico.md) | +4.2% | -1.5% |
| SOY | 2019-08-08 | [US-China trade war: Soybean farmers are working new markets](https://feedsoft.ai/events/57614-us-china-trade-war-soybean-farmers-are-working-new-markets.md) | +1.4% | +0.1% |
| SOY | 2025-04-21 | [U.S.-China trade war 2.0: What are the implications for global oilseed markets? \| IFPRI](https://feedsoft.ai/events/14672-u-s-china-trade-war-2-0-what-are-the-implications-for-global-oilseed-markets.md) | +1.3% | +1.3% |
| SOY | 2018-11-14 | [U.S. farmers scramble to contain trade-war damage, find new markets](https://feedsoft.ai/events/61932-u-s-farmers-scramble-to-contain-trade-war-damage-find-new-markets.md) | +1.6% | +4.6% |
| SOY | 2018-07-13 | [Canadian farmers 'caught in the crossfire' of US-China trade war](https://feedsoft.ai/events/64037-canadian-farmers-caught-in-the-crossfire-of-us-china-trade-war.md) | +1.9% | +7.0% |
| WHEAT | 2026-06-01 | [Explainer: What do China's new US farm purchases mean for global trade?](https://feedsoft.ai/events/14575-explainer-what-do-china-s-new-us-farm-purchases-mean-for-global-trade.md) | -2.6% | -1.5% |
| WHEAT | 2018-10-26 | [Trade retaliations against the U.S. hit Canada farmers, too](https://feedsoft.ai/events/62522-trade-retaliations-against-the-u-s-hit-canada-farmers-too.md) | +0.8% | -3.7% |
| WHEAT | 2019-01-03 | [Farmers thankful for payments, but prefer market access - Farm and Dairy](https://feedsoft.ai/events/61083-farmers-thankful-for-payments-but-prefer-market-access-farm-and-dairy.md) | +1.2% | +3.7% |

## Sources

- globalnews.ca: https://globalnews.ca/news/4598290/canadian-farmers-trade-war-profits/

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