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Northern Ontario canola farmers are bracing for financial uncertainty as China's 100% tariffs on Canadian canola oil and meal take effect March 20. A local canola growers' chair says prices have already declined and farmers may struggle to sell canola.
Canola is Canada's second-largest acreage crop.
Farm-gate price declines and selling difficulties in Canada reflect the loss of Chinese demand for canola meal and oil, reinforcing bearish pressure on canola complex values.
cbc.caFaith GrecoMar 20, 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.
