Prime Minister Mark Carney announced assistance for Canadian softwood lumber producers impacted by the Trump tariffs.
Host of RealAg Radio, Shaun Haney spoke with RFD-TV’s Tammi Arender about practical measures to take, Canada’s tariff leverage, and relief for the steel sector.
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Strong Farm Credit finances help cushion producers, but prolonged low crop margins could strain renewals in 2026.
Canadian tariffs would raise costs for potash, ammonia, and UAN, increasing spring fertilizer risk.
Tariff relief and new trade agreements may temper food costs by reducing import costs.
$11 billion will go to row-crop farmers immediately, with $1 billion set aside for specialty crops.
American soybean and corn leaders, along with Canada’s AgriFood sector, testified before the U.S. Trade Representative’s Office in support of the trade pact between the U.S., Mexico, and Canada.
WTO gauges point to agricultural raw materials trade growing more slowly than overall goods, reinforcing the need to manage export risk and monitor policy shifts closely.
One trader said the products entering the U.S. are primarily grind and trim, noting that the volume and type of beef, on its own, should not cause a major disruption. However, he says fund traders are reacting heavily to headlines rather than market realities.
Higher rail tariffs and tighter Canadian supplies will keep oat transportation costs firm into 2026.