Tariff wars: When Canada faced becoming the 45th State

Not enough comparable past events yet for a historical read.

After 74 past trade events, Oats moved a median -0.5% over 5 sessions (43% higher; middle half -2.8% to +2.4%), and -1.8% over 20.

• May 13, 2020Farmers replace barley with wheat, oats after China tariff shock | Countryman-1.6%
• Feb 5, 2025U.S. tariffs would affect Canadian crops differently | The Western Producer-5.6%
• Jun 9, 2025Tariffs, heat, high stakes: how to navigate the grain market+0.9%
• Apr 9, 2025Ashley Thompson, CEO of the Chicago-based overnight oats brand Mush, is preparing for the day her key ingredient, the oats she’s sourced from Canada for years, will face extreme volatility in the… | Forbes+3.9%
• Apr 22, 2021Customers snap up Canadian oats | The Western Producer+1.8%

After 211 past trade events, Wheat (HRW) moved a median 0.0% over 5 sessions (46% higher; middle half -2.5% to +2.7%), and -0.9% over 20.

• Nov 7, 2025Wheat: Bears dominate: US wheat prices fall despite+0.7%
• Dec 15, 2016United States Challenges Chinese Grain Tariff Rate Quotas for Rice, Wheat, and Corn | United States Trade Representative+2.2%
• Dec 2, 2022Wheat wilts in the face of harvest selling pressure | Stock Journal | SA-4.7%
• Oct 29, 2026After the Bell | Wheat bounces on strong export sales - Pro Farmer-2.3%
• Sep 15, 2020Strong demand from buyers strengthens the price for black sea wheat+2.6%