Canola Council of Canada executive runs downs the good, the bad and the future prospects of canola, looking back at 2024, from threatened tariffs to the hopes of the biofuel market.
Tag Archives China
From biofuel hopes to trade hurdles: canola industry leader sums up 2024
Despite current and potential trade challenges, canola is more important to Canada than ever, Canola Council of Canada executive says
China, EU account for upswing in Canadian grain, oilseed exports
Total exports through October up more than 18 per cent
Exports of Canadian oilseeds and grains for 2024/25 largely continued to be ahead of those a year ago, monthly data from the Canadian Grain Commission showed. Bulk exports through licensed facilities during the first three months of the current marketing year are more than 12.22 million tonnes, which compares with the approximately 10.33 million the same time last year.
Canola posts market gains despite geopolitical threats
The possibility of tariffs from China and the U.S. still loom on canola prices
The ICE Futures canola market posted solid gains during the first week of December, showing signs the price lows may be in for now.
Chinese buyers slash Canadian canola imports on fears of anti-dumping duty
Chinese importers are scaling back purchases of Canadian canola with shipments from December likely to plunge as most buyers are reluctant to sign new deals for fear that Beijing could impose retaliatory anti-dumping duties.
Trump effect weakens canola
U.S. President-elect creates uncertainty with a single social media post
Although United States President-elect Donald Trump won’t be sworn in until Jan. 20, he made a big splash in the markets during the week of Nov. 25.
Trump taps Jamieson Greer as US trade representative to ramp up tariff plans
President-elect Donald Trump on Tuesday chose trade lawyer Jamieson Greer as his new U.S. trade representative, elevating a key veteran of his first-term trade war against China to execute a sweeping tariff agenda that promises to upend global trade.
Canada wants Mexico in USMCA trade pact despite China concerns, source says
Canada wants Mexico to stay in a continental trade pact despite concerns about China possibly using it as a back door to flood the North American market, a source directly familiar with the matter said on Wednesday.
China’s October soy imports from US climb for seventh month
China's soybean imports from the U.S. more than doubled in October from a year earlier, marking a seventh month of growth, as buyers accelerated shipments fearing a rise in trade tensions if Donald Trump were to return to the White House.
Canadian agriculture minister visits China
MacAulay in China week of Nov. 11
The Canadian government confirmed on Nov. 19 that Agriculture and Agri-Food Minister Lawrence MacAulay met with Chinese officials to discuss the canola trade between the two countries. This came about a week after rumours in the media began swirling about the trip.
Canadian red meat groups to open advocacy office in Beijing
The Canadian red meat sector will open an advocacy office in Beijing to grow and protect its Chinese market industry groups announced today.
Cyber-Savvy Farmer
