Canola seed exporters report Chinese companies — one of their major markets — have stopped buying their product, according to an industry group. Chinese importers have stopped buying Canadian canola seed, according to an industry group. ( Jeff McIntosh / THE CANADIAN PRESS )Canola seed exporters have told the Canola Council of Canada that Chinese importers are currently unwilling to purchase their product, the group said in a statement released Thursday. Canada exports about 40 per cent of its canola seed, oil and meal to China with canola seed exports to the country being worth $2.7 billion in 2018, according to the council. “Under the circumstances, Canadian canola seed exporters who normally ship to China have no alternative but to supply customers in other countries who value high quality Canadian canola,” said Jim Everson, the council’s president, in a statement.

Source: thestar March 22, 2019 15:10 UTC