Bruce Burnett from MarketsFarm is one of the presenters this week at Canada's Outdoor Farm Show with his talk on Marketing in the Trump Era.
WOODSTOCK - NAFTA talks and the impact it will have on Canada's agriculture centre will be a hot topic at Canada's Outdoor Farm Show this week.
Bruce Burnett from MarketsFarm is one of the presenters this week with his talk on Marketing in the Trump Era. Burnett says he will be talking about the impact of President Trump's trade war on the agriculture sector.
"Certainly the primary impact, potentially could be in the supply management commodities, in the grain and oil seeds, the biggest hit has occured with soybeans and the soybean market."
He adds this is very different climate right now then what we are used to.
“As NAFTA talks continue, there is increasing volatility in Canadian markets. It can be difficult for farmers to navigate wheat, corn and soybean markets when the situation can change overnight with just one tweet."
Burnett will also provide an analysis of the September 12 USDA report and how it will influence markets going into harvest.
“Even with a NAFTA agreement, marketing wheat, corn and soybeans may continue to be difficult until the U.S. and China trade conflict comes to a conclusion. Ontario farmers should consider how this may effect their marketing strategies.”
Burnett will be speaking inside the Farmers Edge Knowledge Tent every day during the farm show.