China has been a major focal point for the Canola Industry when it comes to market access.
Agriculture and Agri-Food Canada's Market Access Secretariat Kathleen Donohue told participants in the Canola Week presentations that China is a key market for the Canadian Agricultural sector.
"However, the unpredictability of the market puts our exporters at risk, puts our producers at risk. And I think highlights the need for both our governments and for industry to continue to work together to diversify export markets to be able to better weather these trade disruptions."
In March 2019 China suspended the licenses of Richardson International and Viterra to export canola seed into that country.
While other exporters are seeing some buying it's not to the level it once was.
Donohue says restoring that market access for those two companies (Richardson and Viterra) is a top priority for Canada.
"Earlier this summer Canada delivered a comprehensive report to China which included scientific findings to support the reinstatement of those two suspended companies. It's our understanding that China continues to review that investigative report."
In 2019, Canadian Canola Seed Exports were valued at just over 800 million which represented a 71% decline from 2018 levels.Click here to see more...