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Eastern Canada continues to store more potatoes than the west

The United Potato Growers of Canada have released the final holdings report of the season. Victoria Stamper, general manager, explains that in previous years, the final holdings report has been calculated in June. However since 2020, there have been reports in July, hence the zeroes in the 2018-19 column and this month’s report only includes a two-year average. The table provides a good snapshot of the supply of old crop potatoes to finish the marketing season.

The eastern provinces continue to hold more stock than the west, as has been the trend during 2022, above two-year averages in all four reporting provinces. However, the late planting season and delayed growth should give the time needed to deplete these additional stocks.

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Canada reaches tariff deal with China on canola, electric vehicles

Video: Canada reaches tariff deal with China on canola, electric vehicles

Canada has reached a deal with China to increase the limit of imports of Chinese electric vehicles (EVs) in exchange for Beijing dropping tariffs on agricultural products, such as canola, Prime Minister Mark Carney said on Friday.

The tariffs on canola are dropping to 15 per cent starting on March 1. In exchange for dropping duties on agricultural products, Carney is allowing 49,000 Chinese EVs to be exported to Canada.

Carney described it as a “preliminary but landmark” agreement to remove trade barriers and reduce tariffs, part of a broader strategic partnership with China.