US Edition
Canadian farmers reel as China blocks top canola seed market
China’s tariffs block Canadian canola from its market amid retaliation for Canada’s levies on Chinese electric vehicles, affecting 40,000 farmers, officials said.
- On Tuesday, China's Ministry of Commerce announced a 75.8 preliminary duty on Canadian canola seed, with associations saying it effectively shuts Canadian canola out of the Chinese market.
- In a tit-for-tat move, China launched the investigation and imposed a 100 per cent tariff on Canadian canola, citing harm to its market, in response to Canada's 100 per cent tariff on Chinese electric vehicles.
- Last month, China imposed 100 per cent tariffs on Canadian canola oil and meal, creating uncertainty for roughly 40,000 farmers, while exports reached $4.9 billion in 2024.
- Bill Prybylski warned, 'with the harvest of this season's crop set to get underway in the coming weeks,' many producers will likely sell at a loss due to market disruptions.
- Ottawa noted China has until September to decide on duties, but the deadline could be extended by six months, White said, indicating ongoing uncertainty for next year.
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'Very stressful': Southern Alberta farmers say China's tariff on Canadian canola seed creates price uncertainty
Southern Alberta farmers say they are frustrated and stressed following China's announcement Tuesday that it's imposing a hefty tariff on Canadian canola seed.
·Calgary, Canada
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Canadian farmers reel as China blocks top canola seed market
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.
·United Kingdom
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Coverage Details
Total News Sources7
Leaning Left3Leaning Right1Center2Last UpdatedBias Distribution50% Left
Bias Distribution
- 50% of the sources lean Left
50% Left
L 50%
C 33%
R 17%
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