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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Argentina hopes to boost demand, but critics see the move as a blow to American farmers.
China is making strategic moves by purchasing more soybeans from Argentina and may soon follow the EU and reopen its market to Brazilian chicken exports.
Farmers should watch for soybean export rebounds with harvest, while corn and wheat shipments remain strong and sorghum demand struggles.