Canada's Canola Export Performance Expected to Improve

14-Nov-2025 01:20 PM

Winnipeg. Canada, the leading producer and exporter of canola and its value-added products, is expected to see improved export performance of this important oilseed in the coming months as efforts are underway to secure access to major buyer countries like China and Pakistan. China imposes a hefty 100 percent import duty on Canadian canola and its products.

Canada's Agriculture Minister has boosted the canola market with a statement. He stated that trade relations between Canada and China are improving and the two countries are working to resolve existing issues.

Furthermore, Pakistan is preparing to import canola from Canada, having banned its imports there for the past three years.

At the end of 2023, Pakistan's biosafety regulations were amended to allow the use of genetically modified crops for the food, animal feed, and processing industries, paving the way for the import of Canadian GM canola.

However, due to delays in issuing licenses or permits to importers, canola imports have not yet begun. Now, the license issuance process has begun.

Canola futures contracts on the Winnipeg-based ICE Futures Canada Exchange were trading at $632.50 per tonne for November delivery, $639.80 per tonne for January 2026 contracts, and $650.90 per tonne for March 2026 contracts.

Spot prices are being reported at $13.50-14.50 per bushel, which is the plant delivery price. India is not importing canola or its products. Canola exports from Australia were also somewhat weak in the 2024-25 marketing season.