Rural Roots Canada

Economic Stability in the Ag Sector Could Be A Long Way Off

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Farmers across North America are riding a wave of economic uncertainty, thanks in large part to the ongoing global trade war & tariffs and shifting interest rates. Christian Lawrence, head of Cross-Asset Strategy at Rabobank, says the effects of the Trump administration’s trade strategy are hitting the agriculture sector hard. “We’re seeing a lot of volatility right across markets, particularly in currency markets, which tend to be a bit of a relief valve for tariffs,” says Lawrence.