The Canola Council of Canada has released a statement regarding the news that China is no longer accepting shipments of canola from Richardson International.
"China is an important market for Canada’s canola industry, approximately 40% of our exports of canola and canola products go to China. News about blocked exports hurts the whole value chain. Demand for high quality oil and protein remains strong in China, and Canada remains a reliable and sustainable supplier of food for China. We look forward to the company involved resolving the current issue. We are aware of challenges our exporters have faced shipping to China – these are concerning as they create instability and add costs. While diplomatic frictions are concerning, there is no clear evidence that current challenges are linked to these frictions."