# Trade quiet in animal protein market ahead of tariff implementation on Canada and Mexico - The Jacobsen

> Animal protein trading was quiet on March 3 as participants awaited US tariffs on Mexico and Canada set for March 4. Sources expressed concern about retaliation from Canada, Mexico and China, and May soybean meal futures fell $2.20 per short ton for a fourth straight day.

- Date: 2025-03-03 · published 2025-03-03T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/25707-trade-quiet-in-animal-protein-market-ahead-of-tariff-implementation-on-canada
- Commodities: [Soybean Meal](https://feedsoft.ai/c/SBM.md)

## Why it matters

Tariff-driven uncertainty and retaliation risk weigh on protein demand and soymeal prices, although the day's moves were small.

## Read by commodity

- SBM: bearish ▼

## Sources

- thejacobsen.com: https://thejacobsen.com/2025/03/03/trade-quiet-in-animal-protein-market-ahead-of-tariff-implementation-on-canada-and-mexico/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.