Reading Time: 2 minutes Ottawa | Reuters — A dispute over $2 billion worth of Canadian canola exports to China intensified on Thursday when Beijing criticized Ottawa’s insistence that bilateral relations could not improve until the matter is settled. The situation threatens to mar Canadian Prime Minister Justin Trudeau’s visit to China next week. “We oppose linking a concrete […] Read more
China raps Ottawa as dispute over canola exports deepens
ICE weekly outlook: Canola watching China before harvest
Reading Time: 2 minutes CNS Canada — The canola market continues to watch and wait for the Chinese and Canadian governments to resolve a dispute over the amount of dockage allowed in imports of Canadian canola. Until that happens, canola may face growing pressure between now and next week. On Sept. 1, China is scheduled to lower the amount […] Read more
ICE weekly outlook: Traders watch China, production numbers
Reading Time: 2 minutes CNS Canada –– Two main factors are dominating the ICE Futures Canada canola market, one analyst says, as prices are poised to meet resistance in the near-term. “The market is looking for some signs of resolution around this Chinese dockage situation, and it just continues to bring a lot of uncertainty,” said Jonathon Driedger, market […] Read more
No resolution on canola dockage rules from talks in China
Reading Time: 2 minutes CNS Canada — Canadian and Chinese officials met in Beijing last week to discuss potential solutions for an upcoming canola trade policy change, but were not able to find a solution ahead of a looming deadline. China’s quarantine authority is set to impose a standard that would allow just one per cent organic waste material […] Read more
Canada, China canola talks end without deal
Reading Time: < 1 minute Winnipeg | Reuters — Talks between Canadian and Chinese officials ended in Beijing without China backing down from plans to toughen its inspection standard for canola, threatening $2 billion in Canadian exports of the oilseed ahead of a visit by Canada’s prime minister. Discussions will continue between the two governments, and resolving the issue is […] Read more
China backs GMO soybeans in push for high-tech agriculture
Reading Time: 2 minutes Beijing | Reuters — China will push for the commercialization of genetically modified soybeans over the next five years as it seeks to raise the efficiency of its agriculture sector, potentially boosting output of the crop by the world’s top soy importer and consumer. China, which has spent billions of dollars researching GMO crops, has […] Read more
ICE weekly outlook: Canola looks to widen out range
Reading Time: 2 minutes CNS Canada — ICE Futures Canada canola contracts appear poised to chop around a new $20 trading range ahead of the harvest. The front-month canola contract had been down at $446 per tonne to start the week (Aug. 3-10) until speculator activity and spillover gains from vegetable oil helped bring it up to the $460 […] Read more
Canada, China meet to solve canola spat as deadline looms
Reading Time: 2 minutes Winnipeg | Reuters — Canadian officials are in Beijing this week to try to convince China to back off a plan to toughen its standard for Canada’s canola shipments, which has stalled $2 billion in trade, government and industry officials said on Wednesday. China’s quarantine authority AQSIQ told Ottawa in February that it would impose a […] Read more
China money, market spur Canadian blueberry deluge
Reading Time: 4 minutes Richmond, B.C. | Reuters — An aging mansion sits vacant on an estate outside Vancouver, the garage overtaken by a blueberry sorter and a walk-in cooler packed with the fruit. The owner, an investor from mainland China, leases the estate to Fred Liu at such a bargain the farmer grows blueberries in its fields even […] Read more
Proposed Chinese canola dockage rules worry Canadian industry
Reading Time: 3 minutes Commodity News Service Canada – It’s a nervous time for Canada’s canola industry as it lobbies the Chinese government over a plan to impose new dockage rules on imports of Canadian canola on Sept. 1. That’s when China’s quarantine agency, AQSIQ, says the dockage allowances for Canadian canola will be pegged at one per cent, down […] Read more
A message from April Stewart, Country Guide's Associate Editor
