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The exemption, which will expire on April 2, covers the two largest U.S. trading partners. Trump had earlier only mentioned an exemption for Mexico, but the amendment he signed to his order for 25% levies on imports, which went into effect on Tuesday, covers Canada as well.
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Cattle prices have trended higher in recent weeks, amplifying the need for producers to employ a risk management program that captures every dollar while it’s available.
Choice steers down $2 from last week with feed costs up. Packer margins still in red.
Emma Coffman didn’t grow up in production agriculture, but she’s finding her place in the livestock industry and welcoming others along with her.
U.S. Meat Export Federation released a study this week showing pork exports accounted for more than 100 million bushels of soybean demand last year. For corn, 525 million bushels were consumed by the beef and pork exported in 2024.
Mexico’s president said on Tuesday the country will respond to U.S. tariffs with a 25% tariff on U.S. goods, but she will hold off announcing the targeted products until Sunday.
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