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Farms.com Home  › News

Canola Council Releases Statement On Market Access To China

The Canola Council of Canada has the following statement:

The world remains gripped by the COVID-19 pandemic and global supply chains to feed people and animals are more important than ever.   

Canadian and Chinese government officials had a call to discuss the trade in canola seed on March 30.

China has informed Canada that the current trade in canola seed can continue.Canola shipments to China remain blocked as the licenses of two large exporters, Richardson and Viterra, to export canola seed to China remain suspended.

Canada has been shipping about 30% of normal canola seed exports to China since March 2019.

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Trending Video

Iran War = “Trend is Your Friend” Short-Term BUT……

Video: Iran War = “Trend is Your Friend” Short-Term BUT……


Historically wars like the 2026 Iran war are bullish hard assets like grains, metals and energy! The funds are spooked and do not want to be short, but do they price in the news over time, similar to the Ukraine/Russian war that started on Feb. 24, 2022? A closure of the Strait of Hormuz is the key to the surge in crude oil, natural gas prices and fertilizer prices.  Grains are breaking out to new contract highs as a hedge against inflation.

 
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