Aussies resume canola sales to China

It is the first of five trial cargos to be shipped under a new phytosanitary framework between the two countries. Australia has been shut out of the Chinese market since 2020 because of concerns regarding the fungal disease blackleg. The two countries hashed out a solution shortly after Canada was effectively shut out of the Chinese market on Aug. 14, due to the imposition of a 75.8 per cent anti-dumping duty. WHY IT MATTERS: If Australia regains full access to the Chinese market, it will have long-term implications for Canada’s canola sector. “We have to prepare for additional competition in the Chinese market now that the Australians are back in there,” said Western Producer markets desk analyst Bruce Burnett. China is an attractive market for Australia due to its proximity and competitive pricing. Burnett anticipates Canada and Australia will take turns being the primary supplier to China once Canada regains access to that market. Australia’s main shipping period will be during ...