Canada

Live and feeder cattle futures opened lower on Friday but quickly turned higher with strong cash news according to Scott Varilek, Kooima Kooima Varilek. Grains see pressure from weather and the risk off outside market influences tied to the proposed tariff increases on Canada to 35% by Aug. 1

The equipment builder is adding to its lineup of crop harvesters with two new forage choppers — the first completely new silage management machines from Deere since 2019.

A pair of Canadians in farming weigh in on the country’s latest election results and the implications for agriculture sectors like the dairy industry and farm equipment manufacturing.

Of all the directions President Trump could have gone on “Liberation Day,” Canadian Shaun Haney says it was a real win for Canada and a step closer to Canada, Mexico and the U.S. being more entrenched than ever before when it comes to trade.

The parent company of Case IH, New Holland, Steyr and other machinery brands says there will be no impacts to production and parts shipments will continue as planned.

Canadian farmers are on edge as the latest trade war could impact the crops they grow as well as the inputs they need to plant a crop this spring.

Tariff whiplash is consuming the commodity markets — and the possible impact is stirring up quite the debate. At present, President Trump says he’s sticking to his plan to impose additional tariffs on Canada, Mexico and China starting April 2.

Varilek says black swan events like the Black Sea war that broke in May of 2022 lead to highly volatile markets but in that case the news and uncertainty became priced in over time.

Allison Thompson of The Money Farm says grains markets extended gains for a second day with talk of ag exemptions and then another 30 day extension on tariffs on Mexico and Canada.