# Strong Chinese Demand for Canola | Country 600 CJWW

> Chinese buyers are turning away from US soybeans because of a 25 percent tariff and are looking for other oilseed and protein sources for feed rations. Canadian canola and peas are gaining share in that mix. An analyst expects strong demand to tighten new-crop canola ending stocks despite a large Canadian crop of about 21 million tonnes.

- Date: 2018-07-23 · published 2018-07-23T12:00:00.000Z
- Category: trade · region Canada · magnitude low
- Page: https://feedsoft.ai/events/64038-strong-chinese-demand-for-canola-country-600-cjww
- Commodities: [Canola Meal](https://feedsoft.ai/c/CANMEAL.md)

## Why it matters

Stronger Chinese and domestic crusher demand for canola supports canola meal and seed prices. Substitution away from US soybeans is a direct source of new export demand for Canadian oilseeds.

## Read by commodity

- CANMEAL: bullish ▲

## Sources

- cjwwradio.com: https://www.cjwwradio.com/2018/07/23/strong-chinese-demand-for-canola/

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