Newspaper article The Canadian Press

Prep-Agriculture-Report

Newspaper article The Canadian Press

Prep-Agriculture-Report

Article excerpt

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(Canola)

Canada's agriculture minister says there has been some movement this week from China in regards to the stopping of canola seed shipments from Winnipeg-based Richardson International.

Beijing suspended canola imports from Richardson for what one Chinese official alleged was the detection of hazardous organisms.

Marie-Claude Bibeau says China has finally agreed to have scientists assess the organisms claim.

The Canola Council of Canada says it is disappointed the impasse is not being resolved more quickly.

The council says canola seed exporters report that Chinese importers are unwilling to purchase Canadian canola seed at this time.

China has been a major market for Canadian canola, accounting for approximately 40 per cent of all canola seed, oil and meal exports that were worth two-point-seven billion dollars last year.

China's decision to block shipments of one of the key export comes with the two countries locked in a diplomatic dispute related to the December arrest of a Huawei senior executive. (CHSM, The Canadian Press)

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(Sask-Potash)

Two major potash companies say the Saskatchewan government gave them no warning it would be eliminate deductions and credits related to the province's potash production tax.

The move was announced in the provincial budget released Wednesday.

The government says it expects to bring in 117 million dollars more in potash revenue than last year by eliminating the resource credit and deductions.

Fertlizer giants Mosaic and Nutrien say they are disappointed and were not consulted.

Saskatchewan's energy and resources minister says potash companies were not made aware of the change because of market sensitivity.

Bronwyn Eyre (AIR) says the global demand for potash is strong and the change will not hurt the companies. (The Canadian Press)

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(Sask-Agriculture-Budget)

The Saskatchewan government is increasing spending on agriculture by three per cent in its new budget. …

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