Tariff impact on Canadian hogs AND What to grow this year

Retaliatory duties imposed on U.S. pork in response to the Trump Administration's tariff threats will have a far more negative effect on Canadian market hog prices than U.S. duties on imports from Canada. As North American farmers await the next moves in Donald Trump's on again off again tariff war, analysts are monitoring developments in the U.S. as well as the international reaction to them. Paul Marchand, a Senior Risk Management Analyst with HAMS Marketing Services says the price for a Canadian market hog delivered to a federally inspected slaughter plant in Canada is established in the U.S. so any response that lowers the U.S. base price will lower the Canadian price for hogs.AND Uncertainty around tariffs can impact a farmer's decision on what to grow this year.Retired Agronomist Thom Weir says it's even more important to understand your fertility needs and what adjustments can be made to keep a little more cash in a farmer's pocket.See omnystudio.com/listener for privacy information.