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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Market analyst and friend of the show, Shawn Hackett, says Brazil’s shifting use of crops for biofuel production is a significant factor.
“It does not extinguish right away here — in any sort of sense — the real profitability concerns and people’s ability to pay bills and get to the other side of this in the very short term. This is where the skepticism builds.”
Rich Nelson, a commodity broker for Allendale Inc., joins us to break down what the U.S.-China trade agreement means for the ag economy.
Global agriculture is stabilizing after years of price swings, with flat to modestly rising returns expected as productivity offsets slower demand growth.
Prepare for softer milk checks into winter, watch cull-cow values and timing, and stress-test cash flow as product prices recalibrate.
Expect incremental near-term lift for feed grains, proteins, and ethanol as tariff cuts and smoother approvals translate into real orders.