Speculation is rising around USMCA negotiations as Canadian Prime Minister Justin Trudeau resigns as leader of the Liberal Party. With proposed trade tariffs on the horizon, farmers on both sides of the border are keeping an eye on this situation.
Keith Currie with the Canadian Federation of Agriculture joined RFD-TV’s own Tammi Arender to discuss what Trudeau’s resignation mean for the country’s ag sector, how Canadian farmers are responding, and what kind of impact it could have for producers.
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USMEF President and CEO Dan Halstrom shares how recent trade talks are influencing U.S. red meat global sales and the importance of key trade agreements like the USMCA.
A Reuters report shows China has a soybean “glut,” finding stockpiles at Chinese ports are at record levels, with crushers there holding the most supplies since 2017.
The National Milk Producers Federation (NMPF) says recent wins in markets like Malaysia and Cambodia help farmers focus on production rather than trade barriers.
Lucia Ruano, USMEF’s Central America representative, discusses what is driving demand for U.S. beef and pork in the region.
Pork producers should prioritize health and productivity gains, hedge feed and hogs selectively, and watch Brazil’s export pace and China’s sow policy for price signals.
Texas Cattle Feeders Association Chairman Robby Kirkland explains how the ongoing U.S.-Mexico border closure impacts feed yards that rely on Mexican cattle due to the New World Screwworm.
