Friday, 31 Oct 2025
  • Contact
  • Privacy Policy
  • Terms & Conditions
  • DMCA
logo logo
  • World
  • Politics
  • Crime
  • Economy
  • Tech & Science
  • Sports
  • Entertainment
  • More
    • Education
    • Celebrities
    • Culture and Arts
    • Environment
    • Health and Wellness
    • Lifestyle
  • 🔥
  • Trump
  • VIDEO
  • House
  • White
  • ScienceAlert
  • Trumps
  • Watch
  • man
  • Health
  • Season
Font ResizerAa
American FocusAmerican Focus
Search
  • World
  • Politics
  • Crime
  • Economy
  • Tech & Science
  • Sports
  • Entertainment
  • More
    • Education
    • Celebrities
    • Culture and Arts
    • Environment
    • Health and Wellness
    • Lifestyle
Follow US
© 2024 americanfocus.online – All Rights Reserved.
American Focus > Blog > Economy > China Rattles Crop Markets With Levies on Canadian Farm Exports
Economy

China Rattles Crop Markets With Levies on Canadian Farm Exports

Last updated: March 10, 2025 7:20 pm
Share
China Rattles Crop Markets With Levies on Canadian Farm Exports
SHARE

China’s recent decision to impose tariffs on Canadian rapeseed products has caused a significant drop in prices for the crop, adding to the uncertainty surrounding global food trade due to various ongoing trade wars. The move by China is in response to Canadian tariffs on Chinese-made electric vehicles, steel, and aluminum that were put in place last year, as both countries continue to deal with tariffs imposed by the US administration under President Donald Trump.

The tariffs imposed by China include a 100% duty on rapeseed oil and meal from Canada, where the crop is commonly known as canola. This has a major impact on Canadian canola farmers, as China is their largest export destination for the oilseed. The timing of these tariffs is particularly challenging as farmers are preparing to sow for the upcoming season, causing futures prices in New York to plummet.

Rick White, the president and CEO of the Canadian Canola Growers Association, expressed concern over the unprecedented trade uncertainty facing Canadian canola farmers from their two largest export markets. The Chinese tariffs are set to take effect on March 20, further complicating the situation for farmers.

While the tariffs on rapeseed oil and meal are significant, China did not impose tariffs on canola seed itself, which it imports in larger volumes than the oil and meal. However, the ongoing anti-dumping probe into Canadian rapeseed imports leaves the possibility of further measures open. Analysts suggest that China’s hesitancy to impose tariffs on Canadian canola seed indicates a reluctance to limit its oilseed sourcing options.

See also  Best money market account rates today, May 12, 2025 (Earn up to 4.41% APY)

In response to the tariffs, the most-active canola contract saw a sharp decline in prices, while prices in China rose due to concerns over tight supply. Rapeseed meal on the Zhengzhou Commodity Exchange surged, while rapeseed oil reached the highest levels since November. Soybean meal in Dalian also experienced gains before easing slightly.

The impact of China’s tariffs is not limited to Canada, as soybean oil futures in the US dropped on concerns that canola not shipped to China would compete for demand in North America. The global food trade landscape continues to be uncertain as countries navigate the complexities of trade wars and tariffs.

Overall, the imposition of tariffs on Canadian rapeseed products by China has significant implications for farmers, traders, and the global food market. The situation remains fluid as countries grapple with the fallout from ongoing trade disputes.

TAGGED:CanadianChinaCropexportsfarmleviesMarketsRattles
Share This Article
Twitter Email Copy Link Print
Previous Article Earth orbit is filling up with junk. Greenhouse gases are making the problem worse. Earth orbit is filling up with junk. Greenhouse gases are making the problem worse.
Next Article From polar bears to polar vortex: How Columbia Sportswear uses nature to protect us from it From polar bears to polar vortex: How Columbia Sportswear uses nature to protect us from it
Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Popular Posts

How To Overcome Fear To Embrace Change With Confidence

Change is a constant in life, yet many of us find ourselves resisting it at…

June 17, 2025

Phoenix Mercury vs Las Vegas Aces Preseason Game Preview and Prediction

The Phoenix Mercury are gearing up for a new era as they prepare to face…

May 6, 2025

Amgen’s First CTO Has Big Plans For AI–And An AI Head From Nike to Help Fulfill Them

When Dr. David Reese, Amgen’s first chief technology officer, embarked on the search for a…

April 11, 2025

The iPhone Fold is The Best Hope For The Shrinking Foldables Market

The foldable smartphone market has seen a significant slowdown in growth, according to a recent…

December 4, 2024

Democrats Have A Path To Power Against Trump On Government Funding

Republicans may end up with majorities in Congress, but Donald Trump will face challenges in…

November 12, 2024

You Might Also Like

Market analysts react to Trump-Xi meet
Economy

Market analysts react to Trump-Xi meet

October 31, 2025
29 truck carrier files Chapter 11
Economy

29 truck carrier files Chapter 11

October 31, 2025
Trust Government Statistics, Not Government
Economy

Trust Government Statistics, Not Government

October 31, 2025
Jefferies Raises BP Price Target to 420 GBp, Maintains Hold Rating
Economy

Jefferies Raises BP Price Target to 420 GBp, Maintains Hold Rating

October 31, 2025
logo logo
Facebook Twitter Youtube

About US


Explore global affairs, political insights, and linguistic origins. Stay informed with our comprehensive coverage of world news, politics, and Lifestyle.

Top Categories
  • Crime
  • Environment
  • Sports
  • Tech and Science
Usefull Links
  • Contact
  • Privacy Policy
  • Terms & Conditions
  • DMCA

© 2024 americanfocus.online –  All Rights Reserved.

Welcome Back!

Sign in to your account

Lost your password?