Analysts say replacing millions of tonnes of Canadian canola will be difficult in the short term. Australia, the second-largest exporter, could benefit as it regains market access after a years-long ban, but cannot fully offset the loss unless China’s import demand falls sharply.
Canadian officials said they were “deeply disappointed” by Beijing’s decision and remain open to dialogue to resolve trade tensions. Canola is Canada’s largest cash crop, used in China for cooking oil and animal feed.
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