The big difference is that China is more reliant on Canadian canola than it was on barley shipments from Australia
SASKATOON — Canada’s canola growers could learn something from Australia’s barley farmers when it comes to the latest potential trade barrier with China. China’s Ministry of Commerce announced Sept. 3 that it is initiating an anti-dumping investigation into canola seed imports from Canada. Related stories: The case is reminiscent of Nov. 19, 2018, when China […] Read moreTag Archives Meng Wanzhou
WTO case seen as new tactic for China
Making formal anti-dumping claims rather than questionable phytosanitary accusations could leave the door open to negotiations
China’s decision to use an anti-dumping claim against Canadian canola is a new approach that geopolitical and trade experts are watching closely. It’s a different tactic than in previous Canada-China canola disputes, but not a new weapon in China’s arsenal. “To some extent, I think it highlights the mirroring approach China is taking to trade […] Read more
Chinese tariffs not expected to stop canola flow
Anti-dumping investigation announcement has an immediate affect on prices, but market access not seen as major worry
China’s shot across Canada’s bows is splashing alarmingly close to U.S. farmers. “We’re in the same boat,” said Barry Coleman, executive director of the Northern Canola Growers Association. “It’s not a situation where the Canadian grower is getting less than the U.S. grower. They’re both affected the same.” Canadian canola futures on the ICE exchange […] Read more
Analyst confident canola can weather anti-dumping storm
SASKATOON — Canada is well equipped to handle the latest canola dispute with China, says an analyst. For one thing, the industry has become far less export dependent the last couple of years, said Chuck Penner, analyst with LeftField Commodity Research. Related stories: He is forecasting that crushers will process 11 to 12 million tonnes […] Read more
EV tariffs raise Chinese retaliation worries
SASKATOON — The Canadian Agri-Food Trade Alliance is closely monitoring China’s response to a new round of Canadian tariffs. “Anything that could be perceived as an irritant to China obviously puts agri-food or anything else potentially in the crosshairs because we’ve seen it before,” said CAFTA president Greg Northey. Related stories: But it doesn’t mean […] Read more
Tariffs on Chinese EVs prompt canola worries
SASKATOON — Some people are wondering if canola could once again be in China’s crosshairs if the country retaliates against a series of new punitive tariffs announced by Canada on Monday. Prime Minister Justin Trudeau said a 100 per cent surtax will be levied on all Chinese-made electric vehicles effective Oct. 1, 2024. Related stories: […] Read more
China’s food market presents both opportunity and risk
University of Guelph academic takes a look at what history says about managing China’s market potential and politics
China provides risk and reward for Canadian agriculture exporters. With rhetoric escalating around the world, the risk could become a greater challenge. With Russia’s full-scale invasion of Ukraine, the Houthis taking potshots at shipping vessels in the Red Sea, and China increasingly aggressive in the Indo-Pacific, war and near-kinetic levels of conflict have thrown several […] Read more
U.S.-China trade war may resume if Trump wins election
As we look toward 2024-25 markets, it would be helpful to have a crystal ball to see into the future and learn who will win the American presidential election in November. As it stands, the race is tight and the prospect of Donald Trump returning to the White House is possible. In the world of […] Read more
Don’t expect too much, no matter what happens with Meng
Whatever happens Wednesday, China will not be a market we can count on again
Tomorrow (Wednesday) a B.C. Supreme Court judge will release the ruling on whether or not to uphold the validity of Huawei executive Meng Wanzhou’s arrest and detention on a U.S. extradition request. A lot of people are hoping Meng gets released, goes back to China, that China calms down, the two Michaels are released and […] Read more
With Canada-China relations, how did things ever get so far?
An opportunity for China to calm down things with Canada?
How did things ever get so far? I’m hoping somebody high up in the Chinese government is thinking that today, as its relationships with multiple countries are strained and have suffered considerable damage in the last couple of years. Canada is not the least of those strained relationships and deepening bad blood, with two Canadian […] Read more
