US EditionCanadian farmers reel as China blocks top canola seed market
China’s tariffs block Canadian canola from its market amid retaliation for Canada’s levies on Chinese electric vehicles, affecting 40,000 farmers, officials said.
- On Tuesday, China's Ministry of Commerce announced a 75.8 preliminary duty on Canadian canola seed, with associations saying it effectively shuts Canadian canola out of the Chinese market.
- In a tit-for-tat move, China launched the investigation and imposed a 100 per cent tariff on Canadian canola, citing harm to its market, in response to Canada's 100 per cent tariff on Chinese electric vehicles.
- Last month, China imposed 100 per cent tariffs on Canadian canola oil and meal, creating uncertainty for roughly 40,000 farmers, while exports reached $4.9 billion in 2024.
- Bill Prybylski warned, 'with the harvest of this season's crop set to get underway in the coming weeks,' many producers will likely sell at a loss due to market disruptions.
- Ottawa noted China has until September to decide on duties, but the deadline could be extended by six months, White said, indicating ongoing uncertainty for next year.
43 Articles
43 Articles
Importers struggle to resell Canadian canola meal caught in China tariff crossfire
Up to 400,000 tons of canola meal stuck in warehouses – tradersImporters want to resell cargoes to Asian animal feed makersTraders say canola meal cargoes being offered at 30% discountTrade tensions hit agricultural trade
CHARLEBOIS: Why are we trading our breadbasket for a battery pack?
China’s announcement this week of a 75.8% tariff on Canadian canola seed, effective Thursday, is not an isolated policy shift — it’s the latest escalation in a trade conflict that Ottawa itself helped set in motion.
Chinese tariff on canola seed comes into force as farmers hope for resolution
REGINA — A Chinese tariff of nearly 76 per cent on Canadian canola seed is set to come into force today. The duty, announced Tuesday, has already caused the price of one of Canada’s most valuable crops to fall, wiping out millions of dollars in its value. It comes a year after China launched an […]
'Very stressful': Southern Alberta farmers say China's tariff on Canadian canola seed creates price uncertainty
Southern Alberta farmers say they are frustrated and stressed following China's announcement Tuesday that it's imposing a hefty tariff on Canadian canola seed.
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