China holding up Canadian shipments of soybeans, canola
Story Date: 5/23/2019

 

Source: SOUTHERN FARM NETWORK, 5/22/19


Chinese purchases of Canadian soybeans have “slowed to a trickle,” according to the Financial Post. Those purchases have dropped 95 percent in the first few months of 2019 because of tensions between Ottawa and Beijing. The purchase decline comes in addition to Chinese authorities ramping up pre-entry inspections of shipments from Canada. Soybean shipments from Canada to China plunged to just 3,282 tons between January and March, down from just shy of 73,000 tons during the same period a year ago.

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