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Agriculture Minister Marie-Claude Bibeau, shown here visiting Cigi in Winnipeg on March 13, said a third unnamed canola exporter has run afoul of Chinese customs officials. (Dave Bedard photo)
Crops

Third canola exporter runs into trouble in China

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Ottawa | Reuters –– Chinese authorities have filed a quality complaint against a third Canadian exporter of canola, Canada’s agriculture minister said on Tuesday, potentially deepening a trade and diplomatic dispute between Beijing and Ottawa. Early last month, China cited the discovery of pests as the reason for blocking shipments of canola seed from Richardson
International Trade Minister Jim Carr (at podium) and Agriculture Minister Marie-Claude Bibeau announce plans for a technical delegation and stakeholder working group to address China’s import bans on Canadian canola. (AAFC video screengrab via Facebook Live)
Crops, Markets

Canada to set up working group for China canola push

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Canola industry stakeholders and provincial officials are to join federal officials in a co-ordinated push to resolve China’s issues with Canadian canola, cabinet ministers said Monday. Speaking Monday in Ottawa, Canada’s Agriculture Minister Marie-Claude Bibeau and International Trade Diversification Minister Jim Carr said they’ve set up a new working group including representatives from the Canola
(Photo courtesy BASF SE)
Crops

BASF Ag Solutions to move Canadian head office west

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The Canadian arm of BASF Agricultural Solutions plans to relocate its head office to Calgary from Mississauga effective Oct. 1. The crop protection arm of the German chemical company said Wednesday it wants to move the Canadian head office “closer to customers” after closing its deals last year to buy a “range of businesses and
While China has been the biggest influence on canola bids, it hasn't been the only factor.
Grain Markets, Markets

China’s import ban tosses an anvil to ICE canola futures

Substantial supplies and little demand add more pressure

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China definitely looms large globally, and that was very evident on March 22 when canola contract prices plummeted on the Intercontinental Exchange (ICE). Canola ended trading on March 18 up $1.50-$2.60 per tonne, with the May contract closing at $466.30. For most of last week, canola had moved up and down a little each way
(BanksPhotos/iStock/Getty Images)
Crops, Markets

China’s battle against Canadian canola looms over soy

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MarketsFarm — As headlines are transfixed with China’s ongoing dispute with Canada, some are concerned soybeans will receive the same treatment as canola. “We’ll still use quite a few soybeans in this country as it is,” said Dale McManus, a grain broker with Johnston’s Grain at Welwyn, Sask. However, he clarified, “everything you’re watching about
ICE July 2019 canola with 20-, 50- and 100-day moving averages. (Barchart)
Crops, Markets

ICE: Canola weakens on fresh China concerns

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Chicago | Reuters — ICE Canada canola futures dropped on Tuesday after China, the top buyer, expanded its ban on Canadian canola seed imports. China’s ban now includes shipments from Viterra, the latest development in a wider trade dispute between the two countries. May canola futures ended $5 lower at $451.70 per tonne. The contract
(FIle photo by Dave Bedard)
Crops, Markets

China’s ban on Canadian canola expands to Viterra

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Beijing/Ottawa | Reuters — China expanded its ban on Canadian canola seed imports on Tuesday to include shipments from Viterra, the latest development in a wider trade dispute between the two countries. Viterra is the second canola exporter to have its registration cancelled, after Beijing halted shipments from top exporter Richardson International earlier this month.
Canola Council of Canada president Jim Everson says China’s block on Canadian canola has now expanded beyond just shipments from Richardson International. (Co-operator file photo by Allan Dawson)
Crops, Markets

China stops buying Canadian canola

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China has stopped buying any Canadian canola, says Canola Council of Canada president Jim Everson. “The Chinese are unwilling to purchase Canadian canola (from any company) at this time,” he said Thursday. “Trade that was executed earlier is continuing. New sales are what appears to be affected.” Earlier this month China blocked canola imports from

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