Canadian farmers are reeling from China's decision to impose hefty duties on their canola seed, after the surprise move spooked grain buyers into halting purchases and stoked worries there will be little demand for crop deliveries this autumn.
With diminished supplies a pull-back of exports was already expected analysts say
Higher tariffs likely to impact global supply chains and inflation
The week ending July 24, 2025, saw both higher canola prices and much-needed rain for the parched Canadian Prairies
China soymeal futures fall as government pledges to reduce soymeal use in animal feed
Concerns about U.S., China trade barriers