Canadian Exporters say China has Stopped Buying Their Canola

Canadian canola seed exporters have told the Canola Council of Canada that Chinese importers – one of their major markets – are currently unwilling to purchase their product. The report comes weeks after China's foreign ministry blocked imports from one of Canada's largest grain producers, Winnipeg-based Richardson International Ltd., citing fears of insect infestation. There was speculation at the time that the move was retaliation for Canada's December detainment in Vancouver of Huawei Technologies Co. Inc. senior executive Meng Wanzhou at the behest of the United States. Canada exports about 40 per cent of its canola seed, oil and meal to China with canola seed exports to the country being worth C$2.7 billion in 2018, according to the council.

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