WINNIPEG - One of Canada’s largest grain processors has been blocked from exporting canola to China, in a time of growing diplomatic tensions between the two countries. Richardson International Ltd. confirmed Tuesday that its permit to export product to China has been revoked. A woman and two young girls ride horses through a canola field near Cremona, Alta., Tuesday, July 16, 2013. Neil Townsend, senior market analyst at FarmLink, however, said he thinks there’s a definite link to the Huawei case. China’s move hits a vital crop to Western Canada, and comes after canola prices have already been hit by China’s retaliatory tariffs on U.S. agricultural exports.

Source: thestar March 05, 2019 19:07 UTC