Loading…
The Canola Council of Canada and Canadian Canola Growers Association said they were deeply disappointed with China's 75.8% preliminary duty on canola seed, effective August 14. They said the duty, combined with 100% tariffs on canola meal and oil, effectively closes the Chinese market.
Exports to China were valued at $4.9 billion in 2024.
With China effectively closed to canola products, Canadian crush and export margins face pressure, which lowers canola meal prices. Harvest timing means the impact will hit farmers immediately.
canolacouncil.orgCaroline TrawegerAug 12, 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.
