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Donald's 25% tarrif threat! Merry Christmas!

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    #13
    Originally posted by shtferbrains View Post
    Trump is misrepresenting tariffs.

    They are paid by the importer not the exporter.

    They are designed to make imported goods more expensive to give local producers a competitive advantage.

    Canada/USA trade is fairly well balanced.

    If you need to compete with US suppliers, that is not the case.

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      #14
      Not overly concerned
      he can tariff up whatever he wants but at the end of the day a global markef sets the price. We dont move a ton of canola to the usa so if the market drops ( like it has) then it will get dragged back up when the oil complex goes up. Wheat our value is in the basis anyways so big whoop. American dolllar goes up.. we win.
      no money in wheat right now anyways unless you are growing 75 + bushels.


      So trudeau will have a choice... either sacrifice our energy and ag sector or sacrifice some supply management as an olive branch. Either way he loses and will be out. I expect that PP will vote to cancel the mexico/ canada/ usa trade agreement and come up with something more favourable for the us. End of the day we jist ship less to the us and more to global markets. Less corn coming up across the border will be good for us... prob up feed barley and thus malt barley prices.

      Equipment values were never going to come down anyways so meh. Just dont be a dipshiza and have 100+ $/ ac in equipment costs and you will be just finnnee..or pay 150$/ ac rent * snickers*

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        #15
        Originally posted by goalieguy847 View Post
        So trudeau will have a choice... either sacrifice our energy and ag sector or sacrifice some supply management as an olive branch.
        Can you remind me again, which of those is a Quebec political football, and which affects Western canada?

        I think I know which will get sacrificed.

        Comment


          #16
          Well the overlap is much larger with energy and ag sector than witb supply management.
          alot more farms out there and O+ G jobs created ( think newfoundland AND bc AND alberta AND ...etc.etc)

          I think he will open up some aspects of supply management. Kind of has to. Will lose quebec but it seems they are trending any other direction anyway.

          Comment


            #17
            Originally posted by goalieguy847 View Post
            Not overly concerned. We dont move a ton of canola to the USA ...
            2024 to Sept 01 - USA imports from Canada.
            97% of canola oil - 2.180,136 million tonnes at 42% oil is 5,190,800 MT of canola seed
            65% of canola meal
            5% of canola seed... 249,125 MT of whole seed
            USA Combined use is 5,439,925 MT of canola seed - the [NODE="1"]Home[/NODE] user.
            China took 3.914 MMT of whole seed out of 5.238 MMT total

            REUTERS - NOV 26/24: Canola oilseed prices in Australia and Europe have risen by around 20% since the start of March due to tight supply and a rally in vegetable oil markets, with further gains expected as buyers remain reluctant to switch to cheaper soybeans. Prices have this month hit two-year highs of nearly A$900 (USD$586 – CAD$824.42/MT) a metric ton in Australia and a 21-month high of almost 550 euros (USD$580– CAD$815.41/MT ) a ton in Europe, with multi-month peaks also in China and Canada.​

            Comment


              #18
              I hope the beef protectionist groups don't see this as an opportunity.

              Comment


                #19
                So not alot then.
                couple truck loads


                Yikes!
                Up 40 % due to use of canola oil in fuel. I guess i ought do some more reading.

                Eh biodiesel plant gets rockin outside of sherwood park alberta anf they willl eat up all of alberta's crop / yr.

                Looks like ill have to increase my canola oil eating.

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