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Keystone Agricultural Producers president Bill Campbell says Manitoba canola producers face financial strain from China's barring of two major Canadian exporters. China accounts for about 40 per cent of Canada's canola exports.
Federal aid has been raised to $1 million, but Campbell says it is insufficient.
Continued loss of access to China's roughly 40% share of Canadian canola exports keeps domestic canola prices depressed and basis weak.
globalnews.caShane GibsonJul 30, 2019Not 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.
