China is out of the canola market.

[furrowtickler]

Heard this A.M., that China has halted all canola imports due to blackleg infested seed. This came from two different sources this a.m. Pandora's may have been opened after the flax/mustard markets crashed. China sat and watched what happened and now threw down their trump card in canola.
Larry what are you hearing? This is bad news with most of the canola left in the feild was/is going straight in to be dried and sold. Things were looking O.K. price wise until this B/S.

[Zaphod]

It sounds like this happened earlier this month to Aussie canola (a container) heading to China. Also some Black Sea ****seed was stopped apparently.

[Zaphod]

It could still just be rumours but that would be enough to drive the market down.

[ado089]

They are just sabre rattling. They filled up on all commodities over the last 6 months. They don't need anything right now, we'll know when they do.

[mbratrud]

Sounds like CFIA will be talking to the trade tommorow... Haven't heard anything about a ban but maybe some tighter restrictions on Blackleg and some weed seeds. Could be interesting.

[Zaphod]

Oct 22 (Reuters) - China has told Canada and Australia it will not accept canola seed with blackleg disease, the Canola Council of Canada said on Thursday, a move that threatens to close Canada's top canola
seed market.

China sent a letter to the Canadian Food Inspection Agency a few days ago saying it will not accept Canadian canola seed without a certificate showing it's free of blackleg as of Nov. 15, said Canola Council president JoAnne Buth, in an interview with Reuters.

She said China had earlier told Australia it wouldn't accept its canola with blackleg.

[jensend]

what china and europe are doing is very reminiscent of what the americans did to canadians with bse.

[furrowtickler]

Still no proof on the mustard or flax front but the door seems to be wide open now. This is not good.

[agstar77]

This is from the same people who used ****seed for cooking oil!!

[Zaphod]

So what's your take on this one Pars? Is the customer still right? Or is this different because it's not a GMO issue?