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Farms.com’s Top 10 Prairie Stories in August 2025


8) Tariff deadline has strong impact on markets

Canada U.S. flags

A recent episode of the Ag Commodity Corner+ Podcast focused on the Aug. 1 tariff deadline and its wide-ranging market effects.

Grain markets saw losses, showing “a lot of red on the screen,” as weather fears faded. Canola remains supported by weather challenges, but traded lower during the week.

Notably, tariffs on Canadian goods outside the USMCA increased from 25% to 35%, while Mexico received another 90-day tariff pause.
 

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