On July 6, China imposed a 25% tariff on U.S. soybean imports in retaliation for President Donald Trump's 25% tariff on $34 billion of Chinese goods. Since then, the trade war continues to escalate, leaving soybean farmers in Western states without a Pacific Northwest market at harvest.
Hours: Campbellford 7:00 am - 4:00 pm Wooler Road: 7:00 am - 4:00 pm If you need to be unloaded outside of these hours, please call. Soybeans coming in Monday are averaging 13% moisture. Something I think is worth looking at is Harvest 19 corn. It is very close to $5/ bu which has been a decent price when all is said and done the last few years. The risk to this market right now is that the tariffs hold soybeans down and that swings ac to corn next spring. If you think the tariffs are going to go away before planting then carry on. If you think Trump could double down and escalate the situation you probably should have some coverage on. If you are one of our heavily sold 18 corn customers you recognize the value of forward selling so run your 5 step plan again and get those target orders in while there is still carry in the market. We will be looking for some harvest help so if you or someone you know is interested please email or drop off resumes.
We have scheduling for Kawartha corn everyday. Call for fob or delivered bids.
