China expects rapeseed meal shortage after tariffs on Canadian goods

China is likely to face a shortage of rapeseed meal by the third quarter of this year as Beijing’s tariffs on supplies from top exporter Canada disrupt trade and alternative sources are unlikely to make up the shortfall, Reuters reported. China’s tariffs on rapeseed meal and oil came as a surprise to the industry, which had been expecting higher duties on oilseeds since Beijing launched an anti-dumping investigation into Canadian imports in September. “Everyone expected the government to announce tariffs on rapeseed, but we were surprised when the announcement came for oilseed and meal. This will hit feed producers hard as they were trying to import more Canadian meal instead of oilseed,” said one trader in Singapore. China relies on top producer Canada for more than 70% of its rapeseed meal imports and almost all of its oilseed imports. Traders and analysts have warned of an imminent shortage by the third quarter of this year, when stocks run out. Chinese customs are ...