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Politics : Canada@The HotStove Club -- Ignore unavailable to you. Want to Upgrade?


To: pocotrader who wrote (880)3/8/2019 12:00:56 AM
From: axial  Respond to of 1199
 
Chinese canola decision weighs on prices, creates logistical headaches

'Al Mussel, research lead and founder of Agri-Food Economic Systems Inc., said it's a convenient time for China to decrease the amount of canola it imports because the country is grappling with an outbreak of African Swine Fever, a fatal disease that targets pigs.

That means China doesn't need as much canola to feed its pig herd, said Mussell, adding that some estimate the country will drop its pork production by up to 20 per cent this year. Rick White, CEO of the Canadian Canola Growers Association, said the lower commodity price and blockage of some exports could have a detrimental impact on farmers.'