How feed additive, grains traders are navigating tariff landscape

Expana report shows how markets are dealing with the latest rounds of tariffs.

Bigc Studio | BigStock.com
Bigc Studio | BigStock.com

The feed additive and grains markets are among those navigating the global tariff landscape, with the U.S., EU, China, Canada and Mexico imposing levies and countermeasures on certain products.

According to a March 21 report from Expana, feed additive market participants stored inventory in the fourth quarter of 2024, in anticipation of port strikes and tariffs. However, after delaying purchasing through the first quarter of 2025, reserves are dwindling and buying activity is ramping up, the report said, as U.S. feed additive buyers are cautiously returning to the market.

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