Meanwhile in Canada

[chuckChuck]

Some wishfull thinking and more denial from Furrow a devoted Trump supporter!

Several processing plants in Canada were cancelled before China announced their tariff and the Trump tarrifs will start in April.

And Furrow still thinks the cause is only China? LOL

[cropgrower]

as furrow said the crash happened when china said they were imposing tariffs , government here don't care one bit about about farmers and the very beneficial canola industry in their efforts to save the failing EV industry , liberal stupidity on full display

[chuckChuck]

The Trump supporters should stop denying the damage the US is doing to your market. Stop lying to yourself!

Canola faces unprecedented attacks on multiple fronts

By D'Arce McMillan
Reading Time: 3 minutes
Published: 16 hours ago
Markets
([url]https://twitter.com/intent/tweet?text=Canola%20faces%20unprecedented%20attack[/url] s%20on%20multiple%20fronts&url=https%3A%2F%2Fwww.p roducer.com%2Fmarkets%2Fcanola-faces-unprecedented-attacks-on-multiple-fronts%2F)

The potentially devastating impact of tariffs on canola prices has received a lot of attention, but the crop’s potential exclusion from the American renewable fuel market is also a significant blow. | File photo Canada’s Cinderella crop until recently had followed the Disney story line, finding its prince and living comfortably in the castle, but now is threatened with a return to the scullery maid job.
Canola has encountered trade hurdles before, but nothing like this.
China has 100 per cent tariffs on oil and meal, the United States says it will put 25 percent tariffs on all Canadian goods, including seed, oil and meal on April 2 and a U.S. regulator says canola isn’t “green” enough to be used in American renewable fuel ([url]https://www.producer.com/news/canola-not-eligible-for-u-s-biofuel-program/[/url]).

The May canola contract hit the 2025 peak on Feb. 20 and has since then dropped about 18 percent as of March 14.
If the April 2 U.S. tariff actually happens, the price could fall further.
Much of the public anguish about the situation has focused on the tariffs, but I think the ruling associated with the U.S. renewable fuel market is a huge deal that has snuck under the radar.
Sean Pratt’s March 13 Western Producer story ([url]https://www.producer.com/news/canola-not-eligible-for-u-s-biofuel-program/[/url]) lays out the situation regarding the American Clean Fuels Production Credit.

The massive increase in the amount of canola oil shipped to the U.S. in the last few years was to feed renewable fuel refineries.

In crop year 2020-21, Canada shipped 1.75 million tonnes of refined and unrefined canola oil to the U.S. Last year, we shipped 3.28 million tonnes, an increase of 88 per cent.
The industry was planning new crushing plants to feed even more oil south.
But that is all dashed now.
The system under which the U.S. supports cleaner alternative fuels has changed. The new system measures the carbon intensity of various feedstocks through a process called the GREET lifecycle analysis. Feed stocks such as used cooking oil and tallow receive favourable ratings because they are basically a byproduct of other uses.
Soybean oil makes the grade because soybeans produce their own nitrogen, and as a result the analysis says growing them releases little nitrous oxide, a potent greenhouse gas.

Canola failed to meet the test because it needs nitrogen fertilization, and the GREET analysis determines there is a significant release of nitrous oxide.
The Canadian canola industry disputes these findings and has more favourable data that it will present to the U.S. along with the U.S. canola industry in the hope of getting the analysis process changed.
If it is not successful, it appears it would wipe out the U.S. biofuel market for Canadian canola oil.
Close to two million tonnes of existing canola oil exports are in danger, even before you start to talk about the impact of tariffs.

The Chinese don’t buy much canola oil, but they are the second largest buyer of canola meal behind the U.S. In 2023-24, their meal purchases were valued at $1 billion, and that’s gone now because of their tariff.
And then I have to ask how much meal and oil for food are the Americans going to buy if there is a 25 per cent tariff?
Or perhaps I should ask, how low does the canola price have to fall to offset the tariff and allow exports to the U.S. to continue?
Alas, I don’t know.
In past disputes with China that led to a lower price, the Canadian industry was able to sell seed to irregular buyers such as Bangladesh, Pakistan, the United Arab Emirates and Mexico. Maybe Europe will buy more.
And remember, China is still buying canola seed, although it is conducting an anti-dumping investigation.
But for oil and meal, there have been few significant alternative buyers.

The Canola Council of Canada does trade development around the world but runs into tough competition from palm oil and soy meal.
I hope in the future, the recent advances in processing meal to make a more desirable fish food will open the door to new markets.
Fish farming is a huge and growing global industry, and canola meal has a toe hold now, especially in China, and there is untapped potential if the new formulations prove a success.
But for now the picture is grim.
On March 14, Canadian ministers meeting with their American counterparts were told there was no way to avoid the new tariffs scheduled for April 2.
Western Canadian farmers are frustrated that the government and national news services seem more concerned about the threats to the auto, steel and aluminum industries than they are about agriculture.
But it is notable that U.S. president Donald Trump singles out those heavy industries as ones he wants to kill so as to relocate them inside U.S. borders.

He doesn’t verbally threaten the canola industry.
But make no mistake, Canada’s economy will suffer greatly from Trump’s actions.

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[cropgrower]

nobody will read all that propaganda , anyhow we will have free trade when we join US
looks like the plan is to install carney to make it happen

[furrowtickler]

I have not seen anyone here defend trumps tariffs or dispute the potential impact to Canadian ag .
the fact remains , as of now , the current collapse of canola prices was due to the tariffs announced by China .
There is no doubt western Canadian farmers are being targeted from both sides in this tariff fiasco.
And we are being left out to hang because of politics and weak support from the ag industry

[chuckChuck]

You stick to watchin the crows Crop and leave the thinking to somebody else!

[chuckChuck]

I have not seen anyone here defend trumps tariffs or dispute the potential impact to Canadian ag .
the fact remains , as of now , the current collapse of canola prices was due to the tariffs announced by China .
There is no doubt western Canadian farmers are being targeted from both sides in this tariff fiasco.
And we are being left out to hang because of politics and weak support from the ag industry

Finally an admission its also Trumps fault! What took you so long Furrow?

We can drop the EV tarrifs on China and they will respond. Trump on the other hand doesn't appear to want anything but submission. We shall see.

Trump is looking to be less cooperative than China.

[furrowtickler]

Some wishfull thinking and more denial from Furrow a devoted Trump supporter!

Several processing plants in Canada were cancelled before China announced their tariff and the Trump tarrifs will start in April.

And Furrow still thinks the cause is only China? LOL

F..k off already with this devote Trump supporter b/s .
i have stated many times he was past his due date even before this election .

[chuckChuck]

Okay so you are not a Trump supporter! Good to know. Sometimes it really hard to tell with you guys!

[cropgrower]

You stick to watchin the crows Crop and leave the thinking to somebody else!

i can think unlike you , who just parrots whatever the MSM propaganda machine says
yet another reason why Trump likes carney
carney moved his company and the employment etc it provides to the US
That is exactly what Trump wants , bring investment back to America
who exactly is the traitor cc ?
likely take too much thinking for you to understand that our present installed PM is without doubt one