# Canada and China extend trade agreement on canola and peas until the end of 2028

> Canada and China have agreed to extend their trade agreement guaranteeing Canadian agricultural access to the Chinese market until the end of 2028, previously set to expire at the end of 2026. Canada, in exchange, will allow certain Chinese steel and aluminum products into its market. Canadian canola seed exports to China rose 84% in value since the March tariff removal, and canola meal exports more than doubled.

- Date: 2026-11-05 · published 2026-11-05T06:06:13.609Z
- Category: trade · region Canada · magnitude medium
- Page: https://feedsoft.ai/events/81122-canada-and-china-extend-trade-agreement-on-canola-and-peas-until-the-end-of-2028
- Commodities: [Canola Meal](https://feedsoft.ai/c/CANMEAL.md), [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

Secure, longer-term Chinese access reduces the risk of renewed tariffs on canola and meal, supporting Canadian oilseed prices and export flows and easing pressure on the canola meal market.

## Read by commodity

- SOY: neutral
- CANMEAL: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2021-04-25 | [The U.S.-China Phase 1 Trade Agreement— Purchases of goods and services by China continue to lag dramatically behind commitments - WITA](https://feedsoft.ai/events/47454-the-u-s-china-phase-1-trade-agreement-purchases-of-goods-and-services-by-china.md) | +2.0% | -0.9% |
| SOY | 2020-03-23 | [Agencies Cite China Moves on Phase One Agreement](https://feedsoft.ai/events/53998-agencies-cite-china-moves-on-phase-one-agreement.md) | +2.2% | -4.2% |
| SOY | 2021-01-22 | [China falls short of U.S. trade commitments \| The Western Producer](https://feedsoft.ai/events/49012-china-falls-short-of-u-s-trade-commitments-the-western-producer.md) | -1.2% | +0.5% |
| SOY | 2026-01-28 | [China Re-Enters Canadian Canola Market - TT](https://feedsoft.ai/events/9480-china-re-enters-canadian-canola-market-tt.md) | -0.1% | +7.6% |
| SOY | 2021-08-24 | [China’s "Phase One" trade commitments expire soon, then what? - Brownfield Ag News](https://feedsoft.ai/events/45415-china-s-phase-one-trade-commitments-expire-soon-then-what-brownfield-ag-news.md) | +0.8% | -1.5% |

## Sources

- ukragroconsult.com: https://ukragroconsult.com/en/news/canada-and-china-extend-trade-agreement-on-canola-and-peas-until-the-end-of-2028/

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