Article

As the canola harvest begins in Western Canada, farmers are confronted with significant market uncertainties, particularly due to high tariffs and trade tensions with China. Forecasts from Farm Credit Canada suggest it may take years for the canola sector to fully recover.

The situation echoes past trade disruptions faced by Australia, where similar issues took years to resolve. While some Canadian canola products continue to find backdoor markets, the overall outlook remains grim, with profit margins under pressure from high input costs and fluctuating commodity prices.