# Canada Bets Big on Canola Amid China-U.S. Spat - Bloomberg

> Canadian farmers are expected to shift acreage toward canola this spring as China plans tariffs on U.S. soybeans. Canola plantings could reach 24 million acres, the most ever and up 4.4% from a year earlier.

- Date: 2018-04-09 · published 2018-04-09T12:00:00.000Z
- Category: trade · region Canada · magnitude medium
- Page: https://feedsoft.ai/events/65471-canada-bets-big-on-canola-amid-china-u-s-spat-bloomberg
- Commodities: [Canola Meal](https://feedsoft.ai/c/CANMEAL.md), [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

Canola is a substitute for soybeans in feed and oil, so China's shift toward Canadian oilseeds supports canola and rapeseed meal demand while the larger Canadian crop adds supply later in the year.

## Read by commodity

- SOY: bearish ▼
- CANMEAL: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2018-06-19 | [Commodities Slide as U.S.-China Spat Hits Soy to Steelmakers - Bloomberg](https://feedsoft.ai/events/10576-commodities-slide-as-u-s-china-spat-hits-soy-to-steelmakers-bloomberg.md) | -3.7% | -7.6% |
| SOY | 2018-04-05 | [ICE weekly outlook: Canola watching U.S./China spat - Grainews](https://feedsoft.ai/events/65472-ice-weekly-outlook-canola-watching-u-s-china-spat-grainews.md) | +3.2% | +1.7% |
| SOY | 2025-08-27 | [China’s Soy Crushers May Be Facing a Winter Without US Beans - Bloomberg](https://feedsoft.ai/events/23362-china-s-soy-crushers-may-be-facing-a-winter-without-us-beans-bloomberg.md) | -1.2% | -1.9% |
| SOY | 2019-03-14 | [Why U.S. growers are betting the farm on soybeans amid China trade war](https://feedsoft.ai/events/8266-why-u-s-growers-are-betting-the-farm-on-soybeans-amid-china-trade-war.md) | +1.9% | +1.5% |
| SOY | 2018-03-23 | [China targets $3 billion of US goods in tariff spat \| AP News](https://feedsoft.ai/events/65868-china-targets-3-billion-of-us-goods-in-tariff-spat-ap-news.md) | +1.5% | -0.1% |

## Sources

- bloomberg.com: https://www.bloomberg.com/news/articles/2018-04-09/canada-bets-big-on-canola-as-china-u-s-spat-creates-opening

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