'Mercy of politics': Canadian farmers weigh plans as Chinese tariff hits canola price

News Room
By News Room 12 Min Read

As Chinese tariffs on Canadian canola products continue to hamper the cash price of one of the country’s most valuable crops, farming experts say producers have big decisions ahead of them.

Market analyst Chuck Penner with LeftField Commodity Research said while future prices are down slightly, the cash price farmers receive for their canola, also known as the basis, is much lower.

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