Farmers in Manitoba are facing uncertainty and potential losses as the U.S. imposes tariffs on Canadian agricultural products. The tariffs threaten to disrupt trade flows, increase input costs, and squeeze profit margins for Canadian producers. Experts warn of a difficult road ahead, urging farmers to diversify markets and focus on products with strong demand.
Oats, canola, and soybeans from Colin Penner’s farm near Elm Creek usually go right to the United States. Now, he’s not sure where they’ll go.
Farmers across the province are bracing for price drops. Penner thinks he’ll still be able to pay his bills, but his profit margins will be slim. He’s also expecting to pay a lot more for the U.S. products he needs to run his farm. Hornby says they won’t know the full impact until the tariffs kick in. But he adds some U.S. grain buyers have pre-emptively stopped or slowed down their Canadian purchases.What ex-security officials think of Pierre Poilievre’s top secret security stance
“It really throws a wrench into whether or not the feed lots can buy our cattle, and whether the processors can sell the beef into the normal flows,” says Fulton.Experts say farmers will have to focus on products they have a viable market for, but it’s extremely difficult to plan a route forward with so much uncertainty, causing anxiety for farmers.
TARIFFS AGRICULTURE FARMING CANADA ECONOMICS
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