# Canadian soybean producers sideswiped by U.S.-China trade battle - The Globe and Mail

> Canadian soybean growers say Chicago futures have dropped about 15 percent since mid-April to around US$8.75 a bushel, driven by the US-China tariff fight. The US tariffs on $50 billion of Chinese imports and Beijing's planned retaliation are due to take effect July 6. Large global harvests have also weighed on prices.

- Date: 2018-06-28 · published 2018-06-28T12:00:00.000Z
- Category: trade · region Canada · magnitude medium
- Page: https://feedsoft.ai/events/64569-canadian-soybean-producers-sideswiped-by-u-s-china-trade-battle-the-globe-and
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

Chicago soybean price weakness passes through to Canadian feed supplies, and the July 6 tariff deadline adds uncertainty for export demand.

## Read by commodity

- SOY: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2023-04-14 | [China's soybean demand slump baffles market \| The Western Producer](https://feedsoft.ai/events/36428-china-s-soybean-demand-slump-baffles-market-the-western-producer.md) | -0.2% | -3.8% |
| 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 | 2018-11-19 | [Canadian dollar edges lower as trade tensions weigh - The Globe and Mail](https://feedsoft.ai/events/62273-canadian-dollar-edges-lower-as-trade-tensions-weigh-the-globe-and-mail.md) | -3.4% | +1.7% |
| SOY | 2018-03-23 | [As trade tensions mount, China soybean buyers devise contingency plans \| The Western Producer](https://feedsoft.ai/events/65866-as-trade-tensions-mount-china-soybean-buyers-devise-contingency-plans-the.md) | +1.5% | -0.1% |
| SOY | 2018-09-20 | [Inside China's strategy in the soybean trade war](https://feedsoft.ai/events/63015-inside-china-s-strategy-in-the-soybean-trade-war.md) | +2.4% | +6.7% |

## Sources

- theglobeandmail.com: https://www.theglobeandmail.com/business/article-canadian-soybean-producers-sideswiped-by-us-china-trade-battle/

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