President Trump is making good on his campaign promises to level the field on trade. However, speaking from the Oval Office yesterday afternoon, he suggested some countries could receive exemptions to his tariff plan, making his approach broader.
Tariffs against major trade partners are expected to go into effect on April 2nd, a week from tomorrow. Canada’s new Prime Minister, Mark Carney, says they are prepared to return fire but need to proceed with caution.
“There is a limit to the extent we should match U.S. tariffs. My commitment, my government’s commitment, is that we will use all of the revenues from those tariffs to support Canadian workers who are affected by the U.S. trade actions, and we’ll see what happens on April 2nd. We’ll see what happens after that. And there’s a limit, there’s a limit to matching these tariffs dollar-for-dollar, given the fact that our economy is a tenth of the size of the United States.”
Carney says Canadian officials are now looking at providing their own version of economic assistance to help farmers hurt by trade issues, but no detailed plans have been drawn up yet.
China-led demand continues to anchor soybean and sorghum exports despite weekly swings.
February 04, 2026 06:00 AM
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Global pork production is expected to rise in the first half of 2026, despite trade volatility stemming from shifting import policies and swine disease pressures.
February 03, 2026 12:50 PM
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Economists are also closely watching how policy decisions in Washington could influence markets moving forward. Analysts say deferred futures for corn, soybeans, and wheat suggest markets are operating near break-even levels, not at prices that would encourage expanded production.
February 02, 2026 12:13 PM
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Strong rail demand and higher fuel costs raise transportation risk even as barge and export flows stabilize.
January 30, 2026 02:21 PM
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Traders say that shift could eventually prompt the USDA to scale back soybean export projections, noting the outlook differs greatly for other grain commodities.
January 30, 2026 01:13 PM
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Often overlooked, cotton wholesalers act as stabilizers during market stress, translating fragmented retail demand into workable production programs for mills and manufacturers.
January 30, 2026 08:00 AM
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