Canada's Agriculture Minister is optimistic with China to strike a deal to the specification of its canola exports before the conditions of importation will be tightened. Should China impose its quality requirement in relation to contamination from the 1 September 2016 for canola deliveries, Canada runs the risk to lose its most important export market for the oilseed.
It is sought a solution that is acceptable to both sides. Stricter quality requirements would increase the cost and the risk of a complaint. Dealers would calculate an appropriate risk premium, which ultimately would pay the farmer. It's about the cleaning of the harvested material from foreign components. China wants no more than 1% accept 2.5% have been allowed maximum third-party components.
