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.
Related Stories
Expect modest relief on several produce lines, mixed protein trends into holiday buying, and softer veg-oil costs — a good week to sharpen forward buys selectively.
The WASDE/Crop Production combo will be the first full read on supply, demand, and yield that could move basis and hedging plans since the government shutdown more than a month ago.
China’s grain expansion model may be hitting its limit. Lower prices, high rents, and policy fatigue threaten future output — with ripple effects across global feed and oilseed markets.
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.
