# MASSIVE MARKETING POTENTIAL REQUIRES ACTION – GrainsWest

> Canadian agri-food stakeholders are optimistic that a potential free trade agreement with China could boost export value and predictability. Negotiations are expected to begin by the end of 2017 and could take up to four years to complete. Canola currently faces a nine per cent Chinese tariff.

- Date: 2017-10-02 · published 2017-10-02T12:00:00.000Z
- Category: trade · region China · magnitude low
- Page: https://feedsoft.ai/events/68421-massive-marketing-potential-requires-action-grainswest
- Commodities: [Canola Meal](https://feedsoft.ai/c/CANMEAL.md), [Barley](https://feedsoft.ai/c/BARLEY.md)

## Why it matters

A future FTA could remove the nine per cent canola tariff and reduce wheat and barley trade barriers, supporting Canadian canola and barley export demand. The effect on prices is years away, so the near-term market impact is limited.

## Read by commodity

- BARLEY: neutral
- CANMEAL: bullish ▲

## Sources

- grainswest.com: https://grainswest.com/2017/10/massive-marketing-potential-requires-action/

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