Glacier FarmMedia – Canada’s export-oriented agriculture organizations were quick to cheer Canada’s announcement of trade deal negotiations with the Association of South East Asian Nations trading bloc. “As a market of over 640 million people with a (gross domestic product) of $3.6 trillion, Canadian agri-food exporters see huge potential in the fast growing and dynamic […] Read more
Tag Archives international trade — page 6
Exporters rejoice as Canada launches ASEAN trade negotiations
Southeast Asia is the fastest growing economy in the world, and offers increased export opportunities
U.S. leadership needed to push freer agriculture trade
Trade negotiation insiders say bilateralism won’t go away, but rules enforcement needed
Glacier FarmMedia – Huge gains in freeing up global agricultural trade in the 1990s and early 2000s came about through American leadership — and it’s needed again. So says Mike Gifford, Canada’s former chief agricultural trade negotiator who retired from that role in 2000. Why it matters: Canadian farmers rely on exports for much of […] Read more
Ottawa urged to tackle shipping container crisis
Pulse Canada says farmers and the entire Canadian economy are being damaged
The Canadian government must address the container crunch hurting the country’s crop growers and every part of the Canadian economy, says Pulse Canada. “It’s no secret that life is getting more expensive by the day here in Canada, and the lack of containers is playing a big role in driving up the cost of living […] Read more
Chinese trade practices still a concern for U.S.
U.S. Trade Representative says former administration’s policies will remain in place but also vows to apply more pressure
Glacier FarmMedia – The United States plans to keep pressure on China to conform to world trading standards. However, in an Oct. 4 speech, U.S. Trade Representative Katherine Tai offered few details on how she thinks China can be forced to change. “It is increasingly clear China’s plans do not include meaningful reforms to address […] Read more
China calls for overhaul of farm subsidy rules under WTO
Beijing | Reuters – China on Thursday called for the removal of “enormous” farm subsidies in some developed countries as part of Beijing’s push for reform of the World Trade Organization. “There are very unfair rules in the agriculture sector, and enormous subsidies some developed country members are entitled to, that severely distort international agricultural trade,” Wang […] Read more
CBOT weekly outlook: Potential U.S.-China trade deal moving markets
Speculation regarding a potential trade deal between the United States and China is sparking movement on the Chicago Board of Trade (CBoT). Ryan Ettner, broker for Allendale Inc. in McHenry, Ill., said there was optimism on the markets last week when trade representatives from both nations restarted talks. With the countries’ current deal expiring at […] Read more
Shipping container crisis may last into 2022
Shipping companies find it more lucrative to ship empty containers than to wait for a backhaul
Glacier FarmMedia – A truck pulls up to a yard to pick up empty containers to ship Canadian soybeans to Asia. But the shipping company refuses to allow the trucker into the yard. It prefers to ship empty containers back to Asia. Thousands of bushels of identity-preserved soybeans, in this real-life situation of the past […] Read more
WTO to examine U.S.-China dispute on grain import quotas
The World Trade Organization says it will review a long-standing dispute between China and the United States on Beijing’s use of import controls for rice, wheat and corn. The Geneva-based trade watchdog ruled in 2019 against China’s use of tariff-rate quotas for agricultural imports, which Washington successfully argued had limited market access for U.S. grain […] Read more
Editorial: Shipping container conundrum
What would you do if someone told you the economic model of your business could be changed and you could earn $20,000 per unit instead of $2,000? It would be a no brainer right? What if it imperiled other businesses in other parts of the world and threatened food security? Still hard to turn down […] Read more
Trading nations hope for reinvigorated WTO
Countries from three continents plan to meet later this year to begin the process of fixing the World Trade Organization
Glacier FarmMedia – Food exporters and importers on three continents are hoping the World Trade Organization (WTO) can get back on its feet, and soon. They also hope an upcoming summit will put the WTO on a path that not only returns it to previous functionality but also helps it climb higher on the evolutionary […] Read more
Cyber-Savvy Farmer
