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Canola Council Calls for Action Against China Canola Trad Dispute

The Canola Council says action is needed as the 1 year anniversary of the China canola trade dispute, approaches.
 
The council says the federal government should do more to reopen market access. China closed its border to canola seed last March, citing concerns about debris found in a couple of shipments.
 
But since then, some Chinese officials said the situation won't change until Canada releases a top Huawei executive arrested in Vancouver in December of 2018.
 
Council President Jim Everson says farmers and the industry can't continue to shoulder the impact of something entirely out of their control.
 
Canola seed shipments to China were down about seventy per cent last year, resulting in an estimated one billion dollar loss in revenue.
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USDA Feb Crop Report a WIN for Soybeans + 1 Year Trade Truce Extension

Video: USDA Feb Crop Report a WIN for Soybeans + 1 Year Trade Truce Extension


USDA took Trumps comments that China would buy more U.S. soybeans seriously and headline news that the U.S./China trade truce would be extended when Trump/Xi meet in the first week of April was a BIG WIN for soybeans this week! 2026 “Mini” U.S. ethanol boom thanks to 45Z + China’s ban of phosphates from Feb. – August of 2026 will not help lower fertilizer prices anytime soon! 30 mmt of Chinese corn harvest is of poor quality and maybe a technical breakout in wheat futures.

*Apologies! Where we talk about the latest CFTC update as of 10th Feb 2026, managed money funds covered their net short position in canola to the tune of +42,746 week-on-week to flip to net long 145 contracts and not (as we mistakenly said) +90,009 wk/wk to 47,408.