Canada
September 3, 2004
The Canola Industry Mission to China, billed as the first step
to establishing China as a consistent buyer of Canadian canola,
will be held September 12 to 18 in Beijing and Shanghai, says
Dr. Dave Hickling, VP Canola Utilization for
the Canola Council.
China has been a major buyer of Canadian canola. However, China
is a price buyer of oilseeds and oil. It switches between
various crops as market forces dictate. "Purchases are sporadic.
But China has the potential to be a consistent importer of two
million tonnes of Canadian canola seed and one million tonnes of
canola oil a year," he says.
The objective of the mission is to begin a long-term process
that will ultimately lead to more consistent canola sales into
the country. He adds that the process includes equalization of
the tariffs on soybeans and canola seed, lowering of the canola
oil tariff, gaining acceptance of canola derived from
biotechnology, and canola oil and meal promotion in China. The
mission will include Canadian canola exporters, growers,
government reps and Council staff.
"This is the first full canola industry mission to China. The
country is undergoing rapid economic growth with increasing
vegetable oil consumption. The Chinese oilseed crushing and
refining industry is making major structural changes, including
construction of large, multi-seed processing plants. There is a
fantastic opportunity building in China and with some effort I
think we will see China as a regular importer of 2 million
tonnes per year of Canadian canola seed and one million tonnes
of canola oil," says Hickling.
Following the China mission, the Canadian exporters and Council
staff are off to Singapore to conduct two days of meetings with
Pakistan canola crushers and processors (who are travelling to
Singapore for the meeting).
Pakistan burst on the scene as a customer of Canadian canola
last year purchasing almost 400,000 tonnes of canola seed.
"As a new market, we need to work closely with the Pakistan
canola processors to ensure that they are obtaining maximum
value from Canadian canola. We will detail Canada's canola
industry including canola production, crushing and processing
systems; transportation; and canola quality and grade specs. The
meeting will also be an excellent opportunity to make contacts
and determine what doors we need to open or hurdles we need to
jump to get more canola into that market," he says.
This press release is part of the Canola Council's Canola
Advantage program. The program is supported regionally by:
Alberta Canola Producers Commission; Saskatchewan Canola
Development Commission; Manitoba Canola Growers Association;
Canola Council of Canada; Peace River Agriculture Development
Fund; and B.C. Ministry of Agriculture, Food and Fisheries. |