“purchase plans for wheat, peas, flax seed and ****seed meal have all been canceled,â€
Original story, posted March 22, 2019:
China plans to restrict or stop imports of Canadian agricultural commodities beyond canola, according to a report from The Globe and Mail.
The story states, “purchase plans for wheat, peas, flax seed and ****seed meal have all been canceled,†said Gao Huazhi, chief executive of Jiangsu Tongliang International, which imports Canadian agricultural products. ...Previously contracted cargoes that are on the water or presently being imported still seem to be getting through, and “we’re certainly hopeful that they go through the inspection process . . .
From the Western Producer: ED WHiTE "I suspect there will be a heightened inspection process in China because of the concerns that they have raised.â€
"There are also worrisome signs that the Chinese government has also managed to scare-off Chinese buyers from looking at Canada’s other crops, which often find a good market there.
So crashes a market that was expected to take more than 40 percent of Canada’s canola this year. That’s the problem with depending so heavily upon one gigantic market, and it being one not governed by the rule-of-law or with a commitment to good intentions in trade. None of this will likely resolve until Meng Wanzhou, the Huawei executive detained in Canada under a US extradition request, is settled."
What is actually going on?
From the Western Producer:
"UPDATED – 1110 CST, March 25, 2019 – Canadian government and industry, agriculture and trade officials, say there is officially no abnormal restriction on agricultural product exports to China, with the exception of canola seed.
"The Canadian Agriculture and Food Trade Association and the federal Minister of Agriculture confirm that the restrictions are only on the seed itself. CAFTA officials interviewed the morning of March 25 by the Western Producer told it that the Chinese export situation has not changed, despite media reports that suggest it is officially or unofficially expanding to other Canadian agricultural exports."
Original story, posted March 22, 2019:
China plans to restrict or stop imports of Canadian agricultural commodities beyond canola, according to a report from The Globe and Mail.
The story states, “purchase plans for wheat, peas, flax seed and ****seed meal have all been canceled,†said Gao Huazhi, chief executive of Jiangsu Tongliang International, which imports Canadian agricultural products. ...Previously contracted cargoes that are on the water or presently being imported still seem to be getting through, and “we’re certainly hopeful that they go through the inspection process . . .
From the Western Producer: ED WHiTE "I suspect there will be a heightened inspection process in China because of the concerns that they have raised.â€
"There are also worrisome signs that the Chinese government has also managed to scare-off Chinese buyers from looking at Canada’s other crops, which often find a good market there.
So crashes a market that was expected to take more than 40 percent of Canada’s canola this year. That’s the problem with depending so heavily upon one gigantic market, and it being one not governed by the rule-of-law or with a commitment to good intentions in trade. None of this will likely resolve until Meng Wanzhou, the Huawei executive detained in Canada under a US extradition request, is settled."
What is actually going on?
From the Western Producer:
"UPDATED – 1110 CST, March 25, 2019 – Canadian government and industry, agriculture and trade officials, say there is officially no abnormal restriction on agricultural product exports to China, with the exception of canola seed.
"The Canadian Agriculture and Food Trade Association and the federal Minister of Agriculture confirm that the restrictions are only on the seed itself. CAFTA officials interviewed the morning of March 25 by the Western Producer told it that the Chinese export situation has not changed, despite media reports that suggest it is officially or unofficially expanding to other Canadian agricultural exports."
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