Trade4go Summary
China has imposed a 100% tariff on Canadian canola oil and meal, leading to a halt in trade, and may compensate by increasing canola seed purchases, as per the U.S. Department of Agriculture. However, China's anti-dumping investigation on Canadian canola seed has caused uncertainty about future imports. Larger importers have reduced their imports, while smaller firms have accelerated them. Canola imports are expected to rise from four million tonnes to 4.1 million tonnes in 2025-26, despite concerns about China's production estimates. The 23 International Conference BLACK SEA GRAIN.KYIV, to be held on April 24 in Kyiv, will focus on the development of the grain sector in the Black Sea and Danube region.
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Original content
China may offset a reduction in Canadian canola meal and oil imports with increased seed purchases, according to the U.S. Department of Agriculture. China slapped a 100 per cent tariff on Canadian oil and meal effective March 20, shutting down trade in those two commodities. “Post anticipates additional imports of canola to replace the canola meal and oil that will be blocked by China’s high retaliatory tariffs,” the USDA’s Foreign Agricultural Service (FAS) stated in a recent report. “The pace of imports is projected to slow, though, as some larger players may remain wary of importing more.” Buyers are nervous about China’s anti-dumping investigation on imports of Canadian canola seed that was launched in September of 2024. The investigation is “casting uncertainty” on future imports. “Industry contacts report that some larger importers have reduced their exposure to policy related trade disruption by reducing imports from Canada,” stated the report. “In contrast, a number ...