Looking back, this is the first time that China has placed an order of Australian rapeseed since 2020. With the five-year ban breaking the ice, Australia’s second largest rapeseed exporter finally came in handy. Although the Australian Ministry of Agriculture responded cautiously that “the details are not yet determined”, traders have already said: “This is just the beginning, and there are more orders on the way!”

Canadian farmer Dean Roberts sighed on the ridge: One quarter of the farm’s land is planted with rapeseed, but “the second largest customer is closed.” He smiled bitterly at the camera: “Ottawa is too far away from Beijing, but the impact at the entrance of the farm is real.”

The pit that Canada dug by itself is now jumping without hesitation. Last year, the Canadian government followed the United States and imposed 100% tariffs on Chinese electric vehicles one-size-fits-all. China directly named: This practice “seriously infringes on China’s rights and interests”! This year, Canadian rapeseed oil, peas, aquatic products and pork have been taxed one after another by China. August was a final decision – China’s Ministry of Commerce determined that Canadian rapeseed was dumped, and 75.8% of the deposit was directly shot on the desktop.

Chris Davidson, president of the Canadian Rapeseed Council, saw it clearly: the door was “substantially closed.” Saskatchewan farmer Cody Naji, planted more than 800 acres of rapeseed. Faced with the dilemma of double fertilizers and soaring costs, he said helplessly: “I have been growing rapeseed for half my life, and I have never been so frustrated.” On the day of the anti-dumping announcement, rapeseed futures plummeted by 6.5%, and farmer Pribierski watched his farm evaporate by 200,000 Canadian dollars.

China has long stated that it requires Canada to take action to correct its wrong practices against China and at the same time promote the improvement of economic and trade relations between the two sides. If Canada continues to do this, China will continue to fight back!

The Canadian government was so panicked. The Minister of International Trade and the Minister of Agriculture pretended to make a statement “deeply disappointed”, but Canadian netizens couldn’t stand it. The comment section directly retorted: “If the problem has not been solved for a year, why are you pretending to be wronged now?”

As the world’s largest importer of rapeseed, Canada’s production is expected to be digested by nearly half of it. China can change its business at any time. Australian agricultural website revealed the secret: After China imposed taxes on Canada, “buyers’ eyes quickly turned to Australia.”

Australia has long been sharpening its knives. Reuters disclosed in July that the China-Australia quarantine framework agreement is close to being reached, and technical details to prevent the spread of black shin disease are only finalized. Once things are done, Australia’s plan to pilot 150,000 to 250,000 tons of rapeseed will be launched immediately. Bloomberg’s source said more bluntly: As soon as China’s tax order was issued, China “speedly advances” to lock in Australian goods.