Producers on both sides of the border are feeling some relief as tariffs against Canada and Mexico have been paused. However, the 30-day window still leaves room for concern over potential ripple effects.
Canola Council of Canada President and CEO Chris Davison joined RFD-TV’s own Suzanne Alexander to discuss what he has been hearing from the industry, the importance of the U.S. market for Canadian canola, and the ripple effects they could have on the Canadian canola industry.
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Co-Bank Lead Dairy Economist, Corey Geiger, joined us on Friday’s Market Day Report for a further look at the drop in replacement heifers and the trend’s longterm impact on dairy producers and cattle prices.
Betsy Jibben with Ag Market Consulting takes us behind the scenes on report day with AgMarket.net.
Foreign trade partners, such as China and the European Union, are still purchasing U.S. commodities, but are becoming more cautious as the Trump Administration’s tariff deadline approaches in August.
Following an on-target CPI, the combination could suggest that inflation is cooling.
