Farmers brace for canola price changes

Canola plants bloom in a pasture on a farm near Cremona, Alta., Friday, July 18, 2025. THE CANADIAN PRESS/Jeff McIntosh As Chinese tariffs on Canadian canola products continue to hamper the cash price of one of the country's most valuable crops, farming experts say producers have big decisions ahead of them. Market analyst Chuck Penner with LeftField Commodity Research said while future prices are down slightly, the cash price farmers receive for their canola, also known as the basis, is much lower. He said the drop has resulted in farmers losing at least $140 million on their canola in the…