# Canadian farmers 'caught in the crossfire' of US-China trade war

> Canadian soybean prices have fallen about 20 percent since April, tracking Chicago futures, after China imposed a 25 percent retaliatory tariff on US soybeans. Soybean futures fell to near decade lows after the USDA forecast record US bean stocks for 2018-19 on lower exports. Canadian growers may benefit later in the year when Brazilian supplies tighten and China needs non-US beans.

- Date: 2018-07-13 · published 2018-07-13T12:00:00.000Z
- Category: trade · region US · magnitude medium
- Page: https://feedsoft.ai/events/64037-canadian-farmers-caught-in-the-crossfire-of-us-china-trade-war
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

Heavy US export losses to China push US soybean stocks higher, which weighs on the Chicago benchmark that Canadian prices follow. Tighter Brazilian supply later in the year could support prices for non-US origins.

## Read by commodity

- SOY: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2025-12-01 | [How the Lowly Soybean Got Trapped in the Crossfire of the U.S.-China Trade Wars](https://feedsoft.ai/events/21983-how-the-lowly-soybean-got-trapped-in-the-crossfire-of-the-u-s-china-trade-wars.md) | -2.9% | -7.8% |
| SOY | 2025-09-27 | [US soybean farmers caught in Trump's trade battle with China \| AP News](https://feedsoft.ai/events/14637-us-soybean-farmers-caught-in-trump-s-trade-battle-with-china-ap-news.md) | +0.4% | +2.8% |
| SOY | 2018-07-10 | ['China has crashed the price': Canadian farmers collateral damage in China-U.S. trade war - Financial Post](https://feedsoft.ai/events/64041-china-has-crashed-the-price-canadian-farmers-collateral-damage-in-china-u-s.md) | -2.6% | +3.0% |
| SOY | 2017-01-26 | [America's farmers stand to lose the most in a China trade war](https://feedsoft.ai/events/72863-america-s-farmers-stand-to-lose-the-most-in-a-china-trade-war.md) | -1.8% | -4.1% |
| 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% |

## Sources

- cnbc.com: https://www.cnbc.com/2018/07/13/canadian-farmers-caught-in-the-crossfire-of-us-china-trade-war.html

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