China's Canola Pivot: Australia Steps In

China's massive canola buy from Australia signals a major shift in global trade! Facing trade tensions with Canada, China's COFCO scooped up nearly 8% of its annual canola imports from Australia, filling the void left by Canadian tariffs. With shipments starting in November, this move could reshape trade patterns, leaving Canadian farmers in limbo and opening new doors for Australian producers. Is this a temporary fix or a long-term realignment in the canola market? Hosted on Acast. See acast.com/privacy for more information.