A wrap of the daily events around U.S. tariffs and the resulting trade war and its effects on Canadian agriculture for Mar. 5, 2025.
Tariffs Day 2 | Canadian agriculture remains in crosshairs
Despite respite for the auto sector, agriculture remains on high alert
VIDEO: Canadian Crops Convention offers hope on trade
Erin Gowriluk of the Canada Grain Council said tri-national co-operate remains alive outside government
The Canadian Crops Convention kicked off in Edmonton today, under the shadow of U.S. tariffs and Canadian counter-tariffs.
U.S. grains: Corn, soy and wheat bounce as traders monitor tariff relief
U.S. corn, soybean and wheat futures closed higher on Wednesday, bouncing from multi-month lows set a day earlier as indications that U.S. tariffs against Canada and Mexico may be reduced helped ease market jitters over escalating trade tensions.
China to boost food imports from Latin America, Europe as US trade war escalates
China's new tariffs on U.S. farm goods are poised to reshape global trade flows, prompting the world's top agricultural importer to source more meat, dairy and grains from countries in South America, Europe and the Pacific.
Tariffs Day 1 | Trade war commences as Canadian agricultural sector braces
Canada and China respond in kind, agriculture groups call for support and strategy
As of March 4, 2025 U.S. president Donald Trump’s threat of imposing a 25 per cent tariff on Canadian goods has become a reality. Canada has immediately applied retaliatory tariffs, but the true scope of the fallout from this action is yet to be determined.
U.S. grains: Corn, wheat, soy futures slide as trade tensions flare
U.S. corn futures fell to their lowest levels of 2025 on Tuesday and soybean futures dropped below $10 a bushel on heightened concerns that President Donald Trump's trade policies would curb demand for U.S. goods, analysts said.
Canola sector sees tariff pain ahead
Industry groups pledge robust advocacy efforts on both sides of the border
Canada's two main canola sector groups say U.S. tariffs will be felt throughout the value chain, on both sides of the border.
Canadian Federation of Agriculture calls for federal action as tariffs take hold
The Canadian Federation of Agriculture is calling for swift action from the federal government as U.S. tariffs take effect
The risk of tariffs – some U.S. farmers get it and some don’t
The Trump tariffs and retaliatory tariffs will likely cause financial pain for American farmers. Some farmers get it, but other producers don’t.
U.S. grains: Corn extends slide as trade woes, big South American crops spur sell-off
Benchmark U.S. corn futures fell nearly three per cent on Monday as worries about trade tensions and ample South American harvests appeared to spur commodity funds to liquidate more of their large net long positions, traders said.