Data: US commodities show signs of disruption as stop-start trade war continues
GlobalPETS learns more about how the tariff environment is impacting the exports of key ingredients used for pet food production.
After days of global economic shock, US President Donald Trump paused some of his worldwide tariffs until July. But even before the most recent round of steep tariffs went into effect, there were signs that uncertainty was disrupting trade with the US, and the pet food sector is not immune.
While it will take time to see what impact tariff discussions have on pet food, the weekly export data report that the US Department of Agriculture (USDA) releases every Thursday suggests a general slowdown in ingredients that the North American country is exporting to third markets.
Top commodities used for the US pet food industry – such as corn, soybeans and wheat – posted declines in exports in the week ending 3 April, a day before Trump announced the details of his tariff plans.
The week ending 10 April was a mixed bag for product exports. It includes Trump’s “liberation day” on 2 April, when he announced global tariffs, many of which went into effect on 9 April. Later that day, he paused many of the levies for 90 days.
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