
A former Wisconsin feed mill manager says new tariffs on Canadian products starting in April will likely shift livestock rations away from canola meal, which is set at a 35% tariff. Potash is now at a 10% tariff, and he expects no spring shortages.
Tariffs that price out Canadian canola meal should push US feed buyers toward soybean meal, supporting soymeal demand and weakening canola meal.
Not enough comparable past events yet for a historical read.
After 342 past bullish trade events, Soybean Meal moved a median +0.1% over 5 sessions (51% higher; middle half -1.1% to +2.6%), and +0.6% over 20.
Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.