AgricultureDollars and SenseNationalNews
Canadian Canola Prices Soar as Shippers Find Way in to China
Source: Rod Nickel and Hallie Gu Reuters, globalnews.ca, August 10, 2020
Prices of China’s rapeseed oil have also increased partly because of a limited Canadian supply.
Canadian canola prices have soared to the highest in nearly two years, despite a diplomatic dispute between Ottawa and Beijing, as exporters find roundabout ways to reach top oilseed buyer China.
Chinese authorities have since March 2019 blocked canola shipments by two Canadian exporters, an action they took after Canadian police detained a Huawei Technologies executive in late 2018 on a United States warrant.
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