Canadian farmers are bracing for ripple effects as China imposes a 76% tariff on canola. It comes as many farmers are preparing for harvest.
President and CEO of the Canola Council of Canada, Chris Davison spoke with RFD-TV’s Tammi Arender about the trade relationship, what this tariff means for growers, and how it will impact harvest.
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U.S. trade talks with China resume, but meat industry leaders say dealing with shifting demand and market uncertainty is nothing new in this side of the ag sector.
Tariffs are pushing up input costs, with fertilizer prices rising $100 per ton and machinery costs climbing due to steel and parts duties.
Year-round sales of E-15 are another major topic on Capitol Hill, which, according to Rep. Adrian Smith (R-NE), is one issue up for debate this session with significant bipartisan support.
American Soybean Association President Caleb Ragland joins us to share his reaction to September’s WASDE and discuss the trade uncertainty between China and his industry.
Bottom line: Despite all the efforts advocates make, workers are still making less money.
Harvested acres are estimated at 90.0 million, making this year’s corn crop one of the largest since the 1930s.
