# Canadian farmers might turn to more oilseed over tariffs - World - Chinadaily.com.cn

> Canadian farmers may increase oilseed plantings to take advantage of China's potential tariffs on U.S. soybeans. Canola is the world's top grower and China is its largest importer, having taken about 4.8 million tons of Canadian canola in 2016.

- Date: 2018-04-11 · published 2018-04-11T12:00:00.000Z
- Category: trade · region Canada · magnitude medium
- Page: https://feedsoft.ai/events/65476-canadian-farmers-might-turn-to-more-oilseed-over-tariffs-world-chinadaily-com-cn
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Canola Meal](https://feedsoft.ai/c/CANMEAL.md)

## Why it matters

Increased Canadian oilseed plantings and Chinese purchases support canola meal demand, while potential U.S. soybean tariffs redirect global soybean flows.

## Read by commodity

- SOY: bearish ▼
- CANMEAL: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| 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% |
| SOY | 2018-03-29 | [Chinese soybean tariffs would hurt U.S. soybean farmers](https://feedsoft.ai/events/65865-chinese-soybean-tariffs-would-hurt-u-s-soybean-farmers.md) | +1.3% | +1.0% |
| SOY | 2024-06-07 | [Will more Trump tariffs hurt or help U.S. farmers?](https://feedsoft.ai/events/29760-will-more-trump-tariffs-hurt-or-help-u-s-farmers.md) | -0.9% | -2.1% |
| SOY | 2018-06-19 | [Trump Wants More China Tariffs](https://feedsoft.ai/events/64511-trump-wants-more-china-tariffs.md) | -3.7% | -7.6% |
| SOY | 2018-04-04 | [China Tariff Threat Prompts U.S. Farmers to Weigh Changes](https://feedsoft.ai/events/65377-china-tariff-threat-prompts-u-s-farmers-to-weigh-changes.md) | +1.2% | +0.4% |

## Sources

- chinadaily.com.cn: http://www.chinadaily.com.cn/a/201804/12/WS5ace71bea3105cdcf6517b18.html
- chinadaily.com.cn: http://www.chinadaily.com.cn/a/201804/12/WS5acf7582a3105cdcf6517f08.html

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