Canada’s mustard acreage is set to drop significantly in 2025, with Statistics Canada forecasting 289,000 acres—less than half of last year’s 606,000. Scott Cunningham of Schluter & Maack Canada suggests this estimate, while low, may not be far off, though Rayglen Commodities called it “staggering,” expecting closer to 500,000 acres. Despite the sharp decline, prices haven’t surged yet, with yellow mustard at $0.45 per pound and brown/oriental at $0.35 as of March 20, while growers seek $0.50 and $0.40, respectively. Rayglen predicts the drop could support future price strength, noting increased seed sales since the March 12 report.The muted price response stems from European buyers avoiding Canadian mustard for 18 months, leaving the market with few bids and minimal contracting—Cunningham reports just one new crop contract versus a typically completed season by now. Canola’s tariff issues likely prevented an even steeper acreage cut. Price direction hinges on planted acres and yields, with improved but still deficient moisture conditions and July weather as key factors after recent heat-related losses. The market remains weighed down by oversupply from a 2021 drought-driven price spike ($2-$2.50 per pound), which spurred global overplanting, including in non-traditional Saskatchewan areas like Nipawin. Cunningham expects a record uncontracted crop this fall, with a standoff looming between growers and buyers.
US beef exports to Mexico were down slightly from a year ago, declining 2% in both volume (19,724 mt) and value ($110.1 million), according to data released by USDA and compiled by the US Meat Export Federation (USMEF). Beef variety meat exports were a bright spot, however, as volume reached the highest level since 2016, climbing 16% to 11,871 mt, valued at $31.3 million (up 15%). Mexico is the top export destination for US exports of beef tripe, intestines, hearts and lips. In January, exports of US beef tripe to Mexico accounted for $8.14 per every head of fed cattle harvested, lips were $3.84, hearts were $2.34 and intestines were $0.49.

President Donald Trump’s plan to boost U.S. shipbuilding by imposing fees of up to $1.5 million on China-linked ships visiting American ports is disrupting exports, swelling U.S. coal inventories, and creating uncertainty in agriculture. The U.S. Trade Representative’s proposal includes a $1 million per-entry fee for Chinese operators (or $1,000 per net ton, typically hitting $1 million) and up to $1.5 million for operators with China-built ships in their fleets, scaled by fleet composition (e.g., $1 million for 50%+ Chinese-built, $750,000 for 25-50%, $500,000 for under 25%). Vessel owners are already refusing future coal shipments, per Xcoal Energy’s Ernie Thrasher, while agricultural exporters face limited shipping options.
U.S. farmers, already hit by retaliatory tariffs from China, Mexico, and Canada, struggle to secure freight for crops like corn, soybeans, and wheat, with exporters unsure of final costs. The American Farm Bureau estimates added annual transport costs of $372 million to $930 million, eroding competitiveness in penny-sensitive global markets. Analyst Jay O’Neil warns the fees—adding $16.67-$25 per metric ton to freight—will raise consumer prices and hurt farmers, boosting rivals in South America and the Black Sea by shrinking the pool of available ships and driving up freight rates, effectively undermining U.S. grain export viability.

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