China’s Ministry of Commerce has announced steep tariffs on several major Canadian agricultural exports, responding to Canada’s levies on Chinese electric vehicles (EVs), steel, and aluminum that were implemented in the fall of 2024. Canola oil, canola meal, and peas from Canada will face a 100 per cent tariff as of March 20, 2025, according… Read More
Category: Markets
Editor’s Note: On Thursday, March 6th, Trump paused tariffs on some Canadian goods, but only those that qualify under the U.S.-Mexico-Canada Agreement (USMCA/CUSMA). Steel and aluminum tariffs are still set for next week, and reciprocal tariffs are on for April 2, 2025. While many American farm groups remain publicly silent, some U.S. agriculture organizations are… Read More
How do farmers factor in the whirlwind of tariff news that continues to swirl around them as they attempt to navigate commodity markets? Jody Lawrence, founder of Strategic Trading Advisors, compares the situation to “a Rubik’s cube that’s fighting back.” Joining the Tuesday edition of RealAg Radio, he says tariffs are a real wild card…. Read More
Low commodity prices, a struggling ag economy, the future of ethanol markets, and trade tariff turbulence make up a cluster of storm clouds that’s dampening farmer demand for new farm machinery. Association of Equipment Manufacturers (AEM) senior vice president Curt Blades says the biggest thing that will change the direction of farm equipment sales is… Read More
The Trump administration has forged ahead with implementing 25 per cent tariffs Canadian exports as of March 4, sending markets lower and triggering a previously-announced response from the Canadian government. “Canada will not let this unjustified decision go unanswered,” said Prime Minister Justin Trudeau, in a statement late March 3. As announced prior to an… Read More
This week held no big surprises in the beef markets. While markets were lower last week, Anne Wasko of Gateway Livestock Exchange surmised that would continue into this week and confirmed that it has. The dressed market in the U.S. is down and the wholesale market is under pressure as well; however, showing signs of… Read More
The fertilizer market doesn’t move in lock-step with the grain markets — both the peak demand and trends work on their own timelines. Which is too bad, of course, when commodity prices drop but fertilizer prices don’t follow suit. Both the fertilizer and commodity markets are, however, working through uncertainty and trade disruption created by… Read More
A fertilizer market free from tariffs is vitally important for U.S. growers, the nation’s food security and the fertilizer industry. That’s the message The Fertilizer Institute’s Leanna Nigon says her organization, which advocates on behalf of the industry, has been working diligently to deliver to the Trump administration as it tries to head off potential… Read More
If there’s one thing that’s predictable in the current grain markets, it’s unpredictability. While farmers are not complaining about a trend reversal in the corn market to the upside, the uncertainty of what’s at play in the market does create some stress. To unpack what’s happened and what to watch for in the coming days… Read More
Markets in the United States faltered this week. While prices hit a high two weeks ago, this week they settled $7–$8 lower than last week. Unsurprisingly for the time of year, packers have cut kills this week, but that wasn’t enough to support the choice cutout, which dropped $6.50. While the U.S. experienced reduced prices,… Read More