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.
Related Stories
Specialty Crops Acreage Reporting Deadline for 2025 is March 13
Nitrogen and phosphate markets are tightening ahead of spring, keeping fertilizer costs elevated while crop prices lag.
In the U.S. and Canada, reduced planted acres—not yield losses—led to a decline in potato production, while Mexico saw modest gains due to increased yields and harvested areas.
AFBF Economist Samantha Ayoub discusses the latest data on Chapter 12 farm bankruptcy filings and what the troubling trend signals for the farm economy. At the same time, bigger loans and higher rates are squeezing working capital and increasing financial risk.
Corn demand remains supportive, but weaker soybean buying limits overall export momentum.
China’s reliance on imported soybeans remains entrenched, shaping global demand and trade leverage.
