In Canada, The Western Producer reported that the importation of biofuel made from Chinese used cooking oil threatens the domestic market for Canadian canola, according to an industry executive.
“It’s a big deal,” said Chris Vervaet, executive director of the Canadian Oilseed Processors Association, which represents most of the crushers operating in Canada.
“It’s potentially displacing a lot of the demand that we’re going to need going into a very murky 2025 and beyond,” he said.
Vervaet called it a “very big risk” to the Canadian canola industry, undermining what was supposed to be a substantial market diversification opportunity for the crop.
Every one million tons of renewable fuel consumed in Canada that is made from used cooking oil (UCO) displaces 2.5 million tons of canola seed, according to the report.
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Category: Food & Agriculture
