AgribusinessChina's soybean buying set to slow as crushers lose money and hog herds shrink
Private processors have covered needs to February with Brazilian and Argentine beans, leaving little room for US cargoes that still face an extra 10% tariff.
AgribusinessPrivate processors have covered needs to February with Brazilian and Argentine beans, leaving little room for US cargoes that still face an extra 10% tariff.
AgribusinessInvoking Section 338 of the Tariff Act of 1930, the 8 September executive order bars certain Canadian dairy products, with further orders on motorcycles and alcohol taking effect on 29 September, in reply to Canada's new tariffs on about C$28bn of US goods.
A CFIB survey finds 18% of small exporters and 11% of importers hit by the Canada-US tariffs would no longer be viable after three months; 46% of exporters and 49% of importers say their products are directly affected, and a customs broker whose clients are 55% agricultural says the uncertainty is h
AgribusinessCounter-tariffs of 15 to 50 percent took effect at midnight on 8 September in response to US duties on about C$28bn of Canadian products; farmers on both sides of the border say the levies on machinery parts, steel and aluminium will raise their repair bills.