# China has stopped buying Canadian canola seed | CBC News

> Chinese importers are unwilling to buy Canadian canola seed for now, according to the Canadian industry group. China normally takes about 40 per cent of Canadian canola seed exports. Chinese customs had earlier revoked the sales licence of Richardson International over alleged pests, which the company denies.

- Date: 2019-03-22 · published 2019-03-22T12:00:00.000Z
- Category: trade · region China · magnitude high
- Page: https://feedsoft.ai/events/60083-china-has-stopped-buying-canadian-canola-seed-cbc-news
- Commodities: [Canola Meal](https://feedsoft.ai/c/CANMEAL.md)

## Why it matters

China is a key buyer of Canadian canola, so a broad halt in purchases removes a large share of export demand and weighs on Canadian canola prices.

## Sources

- cbc.ca: https://www.cbc.ca/news/business/canada-canola-china-1.5067307

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