# Action needed as anniversary of China canola trade dispute approaches

> The Canola Council of Canada is urging the federal government to resolve China's block on Canadian canola imports as the one-year anniversary approaches. Canola seed exports to China fell about 70% in 2019, an estimated $1 billion in lost revenue. The council also wants more support for diversifying into other Asian markets and domestic biofuel use.

- Date: 2020-02-26 · published 2020-02-26T12:00:00.000Z
- Category: trade · region Canada · magnitude low
- Page: https://feedsoft.ai/events/54583-action-needed-as-anniversary-of-china-canola-trade-dispute-approaches
- Commodities: [Canola Meal](https://feedsoft.ai/c/CANMEAL.md)

## Why it matters

China's ongoing block removes a major buyer of Canadian canola, keeping Canadian seed supplies pressured toward other markets. Continued uncertainty weighs on canola basis and feeds the industry's push to diversify demand.

## Sources

- canolacouncil.org: https://www.canolacouncil.org/news/action-needed-as-anniversary-of-china-canola-trade-dispute-approaches/

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