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Subject:  Canada's Canola Prices Are Soaring... Date:  8/10/2020  8:07 PM
Author:  tim443 Number:  597526 of 610099

... Despite Spat With China

Dang were getting good at this stuff! The Americans put tariffs on our Aluminum, we win***, the Chinese block Canadian Canola, we win as they still buy it but at much higher prices.

*** - we are the only ones with enough of the good stuff to sell so they pay their own tariffs if they want to build those high priced aluminum trucks.

Anymouse <you would think they would teach these people the realities of international trade?>

Canada's Canola Prices Are Soaring Despite Spat With China

Exporters are finding roundabout ways to reach Beijing.

Rod Nickel and Hallie Gu

WINNIPEG, Manitoba/BEIJING (Reuters) - Canadian canola prices have soared to the highest in nearly two years, despite a diplomatic dispute between Ottawa and Beijing, as exporters find roundabout ways to reach top oilseed buyer China.

Chinese authorities have since March 2019 blocked canola shipments by two Canadian exporters, an action they took after Canadian police detained a Huawei Technologies executive in late 2018 on a United States warrant.

The dispute however, has not spoiled China’s appetite for canola, ...

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