# The canola price puzzle - Manitoba Co-operator

> A study commissioned by the Canola Council of Canada estimates China's ban on Canadian canola cost growers between $681 million and $1.3 billion from March 2019 to July 2020. China's imports of Canadian canola seed fell to 1.93 million tonnes in 2019-20, about half the five-year average. The council is asking Ottawa to create an Asian Diversification Office.

- Date: 2021-03-18 · published 2021-03-18T12:00:00.000Z
- Category: trade · region China · magnitude medium
- Page: https://feedsoft.ai/events/48109-the-canola-price-puzzle-manitoba-co-operator
- Commodities: [Canola Meal](https://feedsoft.ai/c/CANMEAL.md)

## Why it matters

The ban has shifted canola seed flows away from China, which reduces Canadian export demand despite high global canola prices. Diversifying buyers would be needed to restore that lost demand.

## Read by commodity

- CANMEAL: neutral

## Sources

- manitobacooperator.ca: https://www.manitobacooperator.ca/news-opinion/news/the-canola-price-puzzle/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.