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barbed wire fence and canola field
News, Oilseeds

Canada rallies to restore Richardson canola exports to China

The Chinese say the ban is due to pests, but Canadians blame Huawei spat

By
China says it banned imported Canadian canola from Richardson International because of pests, but Canadians suspect it’s politics. China condemns Canada’s decision last fall to detain one of its citizens, Huawei vice-president Meng Wanzhou, at the request of U.S. government on alleged fraud charges and demands she be released. “Well, that’s obviously one of the issues
News, Oilseeds

Provincial ministers discussing China’s ban on imports of Richardson’s canola

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The Manitoba government issued a statement supporting the province’s canola industry in the wake of China’s ban of the crop shipped through Richardson International whose headquarters are in Winnipeg. “Canola is a key driver of the agriculture industry in this province and in this country, and is Manitoba’s second-largest export product to China,” Growth, Enterprise
Canola has lost roughly $30 per tonne on the markets over the past month.
Grain Markets, Markets

Rumours become reality as China curbs canola demand

Traders also have a wary eye on U.S. Midwest weather

By
Canola futures fell hard during the week ended March 8, hitting their lowest levels in more than two years as concerns over Chinese demand came to the forefront. Over the past few months, rumblings that Chinese demand was waning and Canadian exporters were facing extra hurdles moving canola to the country had been growing louder.
Editorial: Politics as usual
Editorial, Opinion

Editorial: Politics as usual

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It’s tempting to ask the Chinese government to pull the other leg now. As anyone who grows canola is likely aware by now, Canada’s largest single customer for canola, accounting for 40 per cent of this country’s exports, threw a monkey wrench into Prairie export canola. Officials quietly banned imports from Richardson International, Canada’s largest
A rapeseed field in southern China’s Yunnan province. (YuenWu/iStock/Getty Images)
Crops

Richardson disputes China claim of ‘hazardous pests’ in canola

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Beijing/Chicago | Reuters — Canadian agribusiness Richardson International said on Wednesday that canola it shipped to China met regulatory requirements after a Chinese official charged that “hazardous pests” were found in samples taken recently from Canadian canola imports. Beijing this month cancelled Richardson’s registration to ship Canadian canola to China, the world’s top importer of
Richardson’s International’s purchase of major U.S. vegetable oil brand Wesson is an important deal for Canada’s largest grain company, says its senior vice-president corporate affairs and general counsel Jean-Marc Ruest.
News

Richardson International buying Wesson veg oil brand

The deal expands Richardson’s canola oil presence in the U.S.

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Richardson International, Canada’s largest grain company and major canola crusher, is purchasing Wesson, the United States’ largest vegetable oil brand, from Conagra. It’s a big deal for Richardson and Canadian canola growers, Jean-Marc Ruest, Richardson International’s senior vice-president corporate affairs and general counsel, wrote in an email Dec. 19. “Very beneficial, in our opinion, to
Richardson International’s Jean-Marc Ruest says the company is willing to look at the canola council’s revised priorities, but for Richardson to rejoin the council it must see the benefits justify the cost.
News, Oilseeds

Will Richardson International rejoin the Canola Council?

Jean-Marc Ruest says it all boils down to whether the benefits of membership outweigh the membership fee

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Whether Richardson International will rejoin the Canola Council of Canada in the wake of a major review of funding and priorities is still uncertain. When interviewed last week Jean-Marc Ruest, the company’s senior vice-president of corporate affairs, didn’t rule it out but also didn’t leave the impression Canada’s biggest grain company is champing at the
Market access and boosting canola production remain top priorities, says the Canola Council of Canada
News, Oilseeds

Canola council’s new priorities aim to be more efficient, effective

Changes are coming to promotion, agronomy and funding

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The Canola Council of Canada has slashed its budget by 40 per cent for the upcoming year. The organization is revamping its priorities to be more effective and efficient in growing Canadian canola markets and production. The changes, which include a shift in canola promotion, the council’s role in agronomy and funding, received unanimous support
Canola council’s new priorities aimed at efficiency, effectiveness
News, Oilseeds

Canola council’s new priorities aimed at efficiency, effectiveness

Market access and production still top the list, while changes are coming to promotion, agronomy and funding

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The Canola Council of Canada has slashed its budget by 40 per cent for the upcoming year. The organization is revamping its priorities to be more effective and efficient in growing Canadian canola markets and production. The changes, which include a shift in canola promotion, the council’s role in agronomy and funding, received unanimous support

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