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WINNIPEG, Canada (Reuters) -In the U.S. Great Plains, where spring wheat once dominated fields, farmers are turning away from the crop. China's 100% tariffs on Canadian canola meal and oil and its ...
WINNIPEG, Canada (Reuters) -In the U.S. Great Plains, where spring wheat once dominated fields, farmers are turning away from the crop. China's 100% tariffs on Canadian canola meal and oil and its ...
China hit Canadian farmers with 100 per cent tariffs on canola oil, canola meal and peas in retaliation to Canada slapping Beijing with levies on Chinese-made electric vehicles, steel and aluminum.
Amid all that uncertainty, plans for several multi-billion dollar canola processing plants in Saskatchewan have been put on hold in recent months. The facilities are part of the province's strategy to ...
Canadian canola might be the crop with the most to lose from President Donald Trump’s sweeping reciprocal tariffs due Wednesday that are set to shake up demand.
But as such, canola producers need to understand the politics. The Chinese tariffs are in response to Canada’s 100 per cent levies on Chinese-made electric vehicles (EVs) and a further 25 per ...
China, the second-largest export market for Canadian canola, has slapped a 100 per cent tariff on imports of Canadian canola oil in retaliation for tariffs on Chinese EVs, steel and ...
China’s tariffs aren’t the only ones the canola industry faces. The Trump administration is also threatening Canadian canola with tariffs, which could be imposed at a rate of 25 per cent on ...
Tariff threats have canola farmers looking for new markets, but nothing can replace China and the U.S. In 2024, Canada exported $920-million worth of canola meal and $20-million worth of oil to China ...
In 2024, Canadian canola exports totaled $14.5 billion, according to the Canola Council of Canada (CCC). The industry’s top export markets in 2024 were the U.S. ($7.7 billion) and China ($4.9 ...
Canada's canola farmers fearing fallout from new Chinese tariffs, eager for resolution Saskatchewan Premier Scott Moe said province's canola industry is being 'put in the line of fire' because of ...
He said China is a top market for Canadian canola that represents close to $5 billion in export value. “The impacts will be widespread and will be felt across the industry, starting with farmers ...