$100 billion in tariffs on China. No Backing down looks like a leader?

[Guest]

Interesting:

He's also instructed his secretary of agriculture "to implement a plan to protect our farmers and agricultural interests."

same as here , NOT, peas get a tariff in India ,our price falls 35% overnight , our leader is vacationing somewhere warm
steel gets a tariff in US , steel producers here tell us to hurry up and buy because price going up ? ? WTF.? again Trudeau is holidaying

[SASKFARMER3]

The Canadian Way the Liberals know they have a useless fool at the helm and only way to keep him quiet is send him away and hope, no pray he doesn't F#$K up.

He is gone rest of the month.

Nothing important in Canada for the leader to be here.

Wow, people who voted for this mess must be a real special kind.

[burnt]

This could get very interesting. There are two kinds of fear in my mind:

Number 1 - Is Canada guilty by association and consequently gets caught up in the war or
Number 2 - Will Canada benefit by picking up the slack while US gets killed? (Will our dollar be pushed down with American or will it be inversely launched?)

How do we analyse the fall out and most importantly - how can we benefit from this dangerous
experiment? Do we stand by and watch or do we jump in? Where is that crystal ball when you need it?

I asked of the processor with whom I contract my soybeans - what's the upside/risk for us? Ontario has a solid reputation as a steady IP/food grade soybean supplier, albeit small in comparison to the US or western Canada.

His take on it is that if the tariffs go onto US beans, we can expect to get hit with them as well because the Chinese foresee that the US will try to channel their beans thru Ontario and Brazil.

Bunge, Cargill et all do not know borders the way we do as producers.

Like, there wouldn't be anything suspicious about Ontario shipping 300 million bu of soys from 3 million acres, would there? LOL

[Hopalong]

Soy futures only slightly lower, DOW down 400.
Traders thinking trade war will be avoided but economy will suffer otherwise?

[ajl]

I asked of the processor with whom I contract my soybeans - what's the upside/risk for us? Ontario has a solid reputation as a steady IP/food grade soybean supplier, albeit small in comparison to the US or western Canada.

His take on it is that if the tariffs go onto US beans, we can expect to get hit with them as well because the Chinese foresee that the US will try to channel their beans thru Ontario and Brazil.

Bunge, Cargill et all do not know borders the way we do as producers.

Like, there wouldn't be anything suspicious about Ontario shipping 300 million bu of soys from 3 million acres, would there? LOL

There will be very little impact on the soy market as there is no surplus beans at $10 US per bushel. China needs the beans unless they are short $USD to pay for them which is the bigger problem. Getting the beans through Canada is a bit of a way out for them if we have the ability to load them on a boat some where. Could be good for Canadian shipping. Beans trading higher in the US

[wmoebis]

I asked of the processor with whom I contract my soybeans - what's the upside/risk for us? Ontario has a solid reputation as a steady IP/food grade soybean supplier, albeit small in comparison to the US or western Canada.

His take on it is that if the tariffs go onto US beans, we can expect to get hit with them as well because the Chinese foresee that the US will try to channel their beans thru Ontario and Brazil.

Bunge, Cargill et all do not know borders the way we do as producers.

Like, there wouldn't be anything suspicious about Ontario shipping 300 million bu of soys from 3 million acres, would there? LOL

Do they not have to get a 'Certificate Final' from CGC anymore or did that get thrown out with Modernization of Grain Act Too?

[bucket]

Maybe they could haul grain south and soybeans north and plug the rails more....CN might just do it ....they are in a shit load of trouble with the STB in the states. ...

[macdon02]

Well Trumps supporters got punished with gains in bean futures of +5% since the threat of tarrifs .... I guess China really threw a **** into his base.

[burnt]

Do they not have to get a 'Certificate Final' from CGC anymore or did that get thrown out with Modernization of Grain Act Too?

I have no idea of what the requirements are for crush beans but I know that there is a really tough traceability paper trail we have to maintain for IP beans.

Which led me to think that there might be some opportunity for that kind of bean.

We'll know by next year this time, LOL!

[SASKFARMER3]

After looking at whats happening in the markets and all the huff and puff going on. I think trump maybe hit the nail on the head and maybe China isn't as big as they seem.

Now, this could be just short term as the China Russia railway is finished or the excess amount going into SA but it might help the USA get back to positive and well Canada were just not ready for major league.