China zapped a good chunk of canola’s market gains during the week of March 17 as it proceeded with its 100 per cent tariffs on imports of Canadian canola meal and oil.
Tag Archives Canola
China toying with Canadian canola
For Canadian farmers, China’s recent moves against canola, and the resulting canola price hits, are déjà vu
ICE Canada Weekly: Canola approaching uncertainty
As canola futures try to regain the ground lost during the week of March 10, the longer term outlook for the oilseed is very unknown, according to risk advisor and trader John De Pape of The Trading Floor.
Speculators bail out of canola long positions
Tariff uncertainty tied to liquidation
Fund traders were busy liquidating long positions and putting on new bearish bets in canola as tariff uncertainty from both China and the United States weighed on the futures in early March.
Tariffs continue to pressure canola prices
Canadian canola growers will continue to feel price pressure with uncertainty abounding
The Canadian canola market is being hit with a double whammy with tariffs from China now adding to the industry’s uncertainty.
Canadian canola crush hits record in 2024, but soybeans down
Canola crush up 8.1 per cent, soybeans down 11.6 per cent
Canadian oilseed processors crushed a record 11.37 million tonnes of canola in 2024, reported Statistics Canada. However, the Canadian soybean crush fell by 11.6 per cent in 2024 to 1.56 million tonnes.
ICE Weekly: No end in sight for canola’s downfall
U.S., China tariffs sink canola prices
Tariffs on Canadian canola oil and meal imposed by the United States and China have sunk the futures for the oilseed at the Intercontinental Exchange.
New Chinese tariffs “devastating” to Canadian ag sector
Ag groups decry latest trade action
A new trade war front opened over the weekend as China announced stiff tariffs on Canadian canola oil, meal, peas, pork and other commodities late Friday. Canadian industry groups decried the move and are calling on the federal government to intervene.
ICE canola weekly outlook: Politics in the forefront
Trade war weighs on canola prices
Canola contracts on the ICE Futures platform fell sharply lower in early March, as broad import tariffs in the United States went into effect and Canada announced its own retaliatory measures.
U.S. tariffs looming large over canola market
U.S. tariffs are one market headwind facing canola prices, but Chinese levies are another wrinkle coming down the pipe for Canadian farmers
U.S. tariffs are one market headwind facing Canadian canola prices, but Chinese levies are another wrinkle coming down the pipe for farmers.
ICE Canada Weekly: Tariffs coming, may not last long says analyst
Canola likely to tally post-tariffs
To Errol Andersson of Errol's Commodity Wire in Calgary, there's little doubt the Trump administration will press ahead with tariffs on Canada and Mexico.