Reported 1 day ago
China's recent decision to impose tariffs on Canadian rapeseed products has led to a significant drop in crop prices, contributing to ongoing uncertainties in global food trade amid various trade conflicts. This tariff increase, part of retaliation against Canada's previous tariffs on Chinese goods, is expected to impact Canadian farmers just as they prepare for the planting season. While rapeseed oil and meal are targeted, Canadian canola seeds remain unaffected for now, leaving room for possible future measures from China.
Source: YAHOO