'Future is pretty bright': Sask. farmers celebrate China's move to lift canola ban
With spring seeding in Saskatchewan well underway, farmers are beginning the growing season with some added assurance.
After three years, China has lifted the ban on Canadian canola.
Last week, China reinstated market access for two Canadian grain trading companies – Richardson International Ltd. and Viterra Inc., ending a three year diplomatic dispute.
“China has always been an important customer of Canada and Saskatchewan, and unfortunately, when they put the policy in place it definitely hurt the price of canola especially two, three years ago,” Agriculture Producers Association of Saskatchewan past president Todd Lewis said.
“At this point, we have great demand for canola and canola products and this is just going to increase that demand. So it is good news.”
According to figures from Canola Council of Canada, seed exports to China have fallen from $2.8 billion in 2018 before the restrictions, to $800 million in 2019, $1.4 billion in 2020 and $1.8 billion in 2021.
The council said the Chinese ban cost the industry between $1.54 and $2.35 billion from lost sales and lower prices between March 2019 and August 2020 alone.
“This is a positive step forward, restoring full trade in canola with China and ensuring that all Canadian exporters are treated equally by the Chinese administration,” Jim Everson, president of the Canola Council of Canada, said on the group’s website.
Canada is the world’s largest producer of canola, with Saskatchewan playing a major part in that.
“Well, Saskatchewan is the world leader in canola,” Lewis said. “The future is pretty bright this year for those producers that can grow some canola, especially after last year's weather-related issues.”
Jim Wickett farms in the Rosetown area. While he didn’t grow canola last year, he said he certainly felt the pinch created by China’s ban.
“I think every farmer was directly impacted. It certainly affected some of the other oil seeds. (It’s) just the nature of the market. The prices go down or are in some kind of relation to the oil complex. That artificially held the price down, (then) we had a large drought last year, and that certainly set the stage for prices to climb,” he said.
While he can’t determine what will happen to the market in the coming months, he doesn’t imagine the ban being lifted will greatly impact canola prices this spring and summer.
However, Lewis thinks having one more place for farmers to market their canola and therefore creating more competition in the marketplace should be beneficial for the provincial economy.
“We're going through a stage now where food is being seen as more and more important, and we're fortunate here in Saskatchewan. We have an abundance of production and we export so much of our crop and it really is a major driver in the economy here in the province,” he said.
One concern for all producers is the rising costs of getting seed in the ground. With inflation sending fuel prices to record highs, having any export bans lifted on Saskatchewan’s most notable crop is welcome news for producers.
“Probably the most expensive crop we're ever going to put into the ground between diesel fuel prices and fertilizer prices and other inputs as well,” Lewis said.
“So, it's important that we have good canola prices, and it's really gonna help the viability of the industry here in the province.”
Saskatoon Top Stories
CTVNews.ca Top Stories
Canada pledged $50 million to prevent Ukrainian grain from going to waste on Sunday as Prime Minister Justin Trudeau committed to work with G7 nations on further measures to halt the famine caused by the Russian invasion of the embattled country.
Canada's chief of defence says Russia's invasion of Ukraine is going to change the course of history.
Cat and dog owners who cuddle their pets when infected with COVID-19 could end up making the animals sick with the virus, according to a Canadian study.
A Dalhousie University team of scientists — in a joint venture with a company called Planetary Technologies — is now in the next phase of their research to use the power of the ocean to one day reduce the world’s carbon levels.
David Cohen has been the United States' Ambassador to Canada since November 2021, and in the time since, both Canada and the United States have experienced a series of shared challenges. In an interview at his official residence in Ottawa, Cohen opens up about the state of the relationship.
Russian President Valdimir Putin was a target of mockery by leaders of the Group of Seven, as they sat around a table Sunday, commencing their three-day summit in Bavarian Alps, Germany.
Russia shattered weeks of relative calm in the Ukrainian capital with long-range missiles fired toward Kyiv early Sunday, an apparent Kremlin show-of-force as Western leaders meet in Europe to strengthen their military and economic support of Ukraine.
The latest on the G7 summit: The Group of Seven leading democratic economies has formally launched at its annual summit a global infastructure and investment partnership aimed at pushing back China's influence in the developing world.
Norway's prime minister and members of the royal family joined mourners at a memorial service Sunday at Oslo Cathedral for the victims of a shooting attack as the capital held its annual LGBTQ Pride festival.
The Saskatchewan New Democratic Party has elected Carla Beck as its new leader.
The ‘ultra low fare’ carrier Swoop entered the Saskatchewan air travel market earlier in June and currently serves three domestic routes out of Regina and Saskatoon.
Several different communities gathered at the Core Ritche Neighbourhood Centre on Sunday to celebrate Welcome Kabayan. ‘Kabayan’ in Filipino means, ‘welcome fellow members of our community.’
Residents in Gimli are dealing with overland flooding due to high water levels on Lake Winnipeg and strong winds.
'We can't believe it': Winnipeggers come together to throw surprise baby shower for new Ukrainian couple
A Winnipeg woman is making sure a couple from Ukraine is feeling right at home as they prepare to welcome their first child.
Lori Ann Mancheese's death is now one of five women in the span of about a month being grieved by members of the province's Indigenous community. Winnipeg police say three of those women were murdered.
Organizers of a central Alberta rodeo and its parade committee are calling for calm after a float in this weekend's parade, which possessed a racist theme, was seen in the procession.
Police are looking for suspects after they say a man was injured in a shooting late Saturday.
If you are looking for some more time on the slopes even though it's already summer, you might be pleased by an opportunity at Banff Sunshine Village.
People are getting ready to return to Wakamne, God's Lake, on pilgrimage when the Pope visits Alberta.
The Edmonton Police Service is searching for a 13-year-old girl that was last seen Friday morning.
After nearly five decades, a new ambulance provider will assume emergency medical services in Cold Lake, Alta., this fall.
Hundreds of thousands of people lined the streets of downtown Toronto on Sunday as the city's Pride parade returned for the first time in two years.
There are now more than 50 outdoor pools open across Toronto where people can go to beat the heat.
A heat warning remains in place for the remainder of the weekend in Toronto, but temperatures are expected to cool down Sunday evening.
Students at Hillcrest High School in Ottawa took part in a walkout after some students say they have been victims of racist treatment. Allegations of racism have been swirling at the school for months and now the Ottawa Carleton District School Board is investigating the incidents.
There were approximately 36,260 reported Criminal Code of Canada offences in Ottawa in 2021, up eight per cent from 2020. Police reported 7,116 violent crimes and 29,146 non-violent crimes in Ottawa last year.
A Good Samaritan jumped into action on Saturday to help four people who were on paddleboards and heading towards rapids in Ottawa’s west end.
While most of B.C. remains under a special weather statement as the summer's first hot weather rolls through, the advisory has been upgraded to a heat warning for the Lower Mainland.
About a hundred people gathered in downtown Vancouver on Sunday afternoon denouncing the U.S. Supreme court's decision to overturn Roe v. Wade, which secured constitutional protection for abortion rights in the country for nearly 50 years.
With a heat warning in effect for Metro Vancouver and the Fraser Valley, several cities have opened up dedicated indoor cooling centres and outdoor cooling stations. We've compiled a list of what's available and where.
A man in crisis stabbed several people Sunday morning in downtown Montreal, leaving one dead and three injured.
The Montreal fire department (SIM) is advising citizens to avoid the intersection of Sherbrooke St. East near Durocher Ave. as a major building fire is blazing.
McGill University medical students are trying to help treat people who are addicted to opioids. They say many aren't equipped to handle the withdrawal.
Victoria police arrested a man for allegedly sexually assaulting several strangers in quick succession in the city's downtown Saturday night.
Each of the 28 pyramids holds 136 plants, which the Harvest and Share Food Society distributes to local food banks when they're mature.
Mounties on Quadra Island are investigating what they call a "linen heist" at a local resort.
As HMCS Kingston and Summerside pulled away from Halifax Harbour and deployed for Operation Reassurance, there was no shortage of emotion from family members who came to see them off.
The inquiry into Nova Scotia’s 2020 mass shooting, says four pages of handwritten notes that sparked a political firestorm in Ottawa this week, weren’t immediately submitted when subpoenaed by its investigators.
'It’s in shambles': RCMP 'architects of own demise,' says criminologist after complaints in N.B. and N.S.
After a week of criticism and anger at the Mass Casualty Commission in Nova Scotia, and outcry in a rural area of New Brunswick, there are questions about the RCMP’s role in community policing.
OPP Tweet: Highway 17 closed at Sand Bay Road at the Spanish River bridge.
A person was taken to hospital after a shooting on the Sheguiandah First Nation on Manitoulin Island Friday.
The Holistic Healing Fair is back in Sault Ste. Marie following a two-year absence.
You may not know his name, but he’s performed alongside some of the all-time music greats.
'We were able to cool the propane tanks in time': Two families displaced after morning fire in London, Ont.
Residents were able to safely escape a house fire Sunday morning in London.
After being delayed over two years due to the COVID-19 pandemic, the air fest took off this weekend at the St. Thomas Municipal Airport.