Some analysts believe that the new requirement that China’s canola imports must be certified free of “Blackleg” is motivated by the desire to protect domestic producers (who have produced a record crop of 13.2 MMT) from import competition and raise domestic canola prices.
There is concern that, if indeed this action was taken to raise domestic canola prices by restricting imports, that the government will do something similar with respect to soybean imports.
What are your thoughts on this?
Thank you.
Bill
William I. Tierney, Jr., Ph.D. General Manager Doane Advisory Services wtierney@doane.com Work Phn: 314-372-3544 Cell Phn: 314-413-6330 www.doane.com
P.S. we have amutual acquaintance - - Matt Weimar (USWA)
Jim:
ReplyDeleteSome analysts believe that the new requirement that China’s canola imports must be certified free of “Blackleg” is motivated by the desire to protect domestic producers (who have produced a record crop of 13.2 MMT) from import competition and raise domestic canola prices.
There is concern that, if indeed this action was taken to raise domestic canola prices by restricting imports, that the government will do something similar with respect to soybean imports.
What are your thoughts on this?
Thank you.
Bill
William I. Tierney, Jr., Ph.D.
General Manager
Doane Advisory Services
wtierney@doane.com
Work Phn: 314-372-3544
Cell Phn: 314-413-6330
www.doane.com
P.S. we have amutual acquaintance - - Matt Weimar (USWA)