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Prairie canola farmers are harvesting a fairly strong crop but expect thin or no profits because China's 75.8% duty on canola seed and 100% tariffs on canola oil and meal have squeezed margins. China is Canada's largest canola seed importer, buying about $4 billion of seed in 2024.
Tariffs cut Canadian canola demand from China and lower farm-gate prices, which pressures canola meal and oil values and the supply of crush products to feed buyers. Cheaper canola meal is a partial offset for livestock feed costs.
cbc.caCBC NewsSep 21, 2025Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
