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Blow to Australian farmers as Chinese importer buys Canadian canola

Beijing/Canberra | A Chinese importer bought a cargo of Canadian canola shortly after Canadian Prime Minister Mark Carney’s visit to Beijing last week, trader sources said, boosting prospects for Canadian farmers and potentially undercutting sales by rival supplier Australia.

The cargo of about 60,000 tonnes of Canadian canola is the first since China halted imports in October, and is expected to be shipped after March, two traders with direct knowledge of the deal told Reuters on Monday.

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Reuters

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