Speaking of higher, the table egg markets edged upward last week after three consecutive weeks of...
North American Tariffs?
To potentially add insult to injury with protein supplies, there is talk from the incoming administration of 25 percent tariffs on imports from Mexico and Canada. Yes, its fair that generally we are a net exporter of our agriculture goods. In other words, perhaps the impact on agriculture as a whole could be relatively minimal assuming no retaliatory tariffs from our neighbors. However, there are certain markets that could be susceptible to higher prices including oilseeds, food oils (especially canola), some proteins, tomatoes and (sing it with me) "Avocados from Mexico." Want to learn how Datum FS can help you anticipate commodity volatility? Learn more by exploring this website or fill out the form below. Thanks for reading.