Source: CNBC, 7/13/18
China unleashed a retaliatory tariff exactly one week ago on U.S. soybeans, but Canadian growers haven't been able to escape the fallout. Soybean futures are down nearly 20 percent since early April when Beijing first disclosed plans for the 25 percent duty. Canada's soy prices are closely tied the U.S. futures market so farmers from Quebec and Ontario to the Prairie provinces have taken a hit in terms of pricing along with American growers. For more of this story, click here.
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