Washington | Reuters – U.S. milk producers asked the government to increase aid payments to the industry to offset losses from foreign tariffs, saying dairy farmers have lost more than $1 billion in income since May. The administration of President Donald Trump in late May announced tariffs of 25 percent on steel imports and 10 […] Read more
Tag Archives nafta — page 4
U.S. milk producers ask government for more aid, citing $1 bln tariff impact
Some sweetness found in bitter USMCA deal?
Western sugar beet growers get more access to U.S. market
Flying under the radar in the United States-Mexico-Canada Agreement on trade is a small change in Canada’s access to the American sugar markets — something that the United States has historically guarded with protectionist policies. In a news release expressing disappointment with many of the concessions granted during trade talks, the Canadian Federation of Agriculture […] Read more
Dairy processors concerned about USMCA trade deal
Processors want compensation to be distributed differently than under CETA
The organization representing dairy processors says it is resolutely against the new United States Mexico Canada Agreement (USMCA) trade deal. The CEO of the lobby organization representing processors told Farmtario in early October that he “anxiously awaits the Canadian text to be published” containing the deal’s precise details. “Canada’s dairy processing industry is deeply disappointed […] Read more
Canada not a solution for U.S. dairy price woes
Americans more concerned with securing access to Mexican market than Canada
Madison, Wisconsin – The price of milk in the United States is stuck at an unprofitable place, and U.S. farmers at the World Dairy Expo did not expect any trade deal with Canada to change that situation. Most of them had yet to look over the fine details of the new trade deal — the […] Read more
Trade certainty doesn’t translate to higher loonie
CNS Canada — Even with more certainty around trade with the U.S., Canadians shouldn’t expect to see the dollar flying in value. “It’s hard for me to see the Canadian dollar gain value against the U.S. dollar in the short term, unless the Bank of Canada totally revises its stance towards interest rates,” said J.P. […] Read more
Trade pact clause seen deterring China trade deals with Canada, Mexico
Washington | Reuters — China’s hopes of negotiating a free trade pact with Canada or Mexico were dealt a sharp setback by a provision deep in the new U.S.-Mexico-Canada trade agreement that aims to forbid such deals with “non-market” countries, trade experts said on Tuesday. The provision specifies that if one of the current North […] Read more
The USMCA details: What we know
Poultry market access will continue to grow over years. Dairy exports capped
Here’s what we know so far on details for the new United States-Mexico-Canada Agreement trade deal. Most of these details are from the Office of the United States Trade Representative, which has posted information about the new deal. Dairy The new United States-Mexico-Canada Agreement allows 3.6 per cent more American access to the Canadian dairy […] Read more
U.S. livestock: CME cattle futures jump on trilateral trade pact
Chicago | Reuters — Chicago Mercantile Exchange live cattle futures rose to their highest prices since April on Monday after the U.S., Canada and Mexico said they struck a deal on a trilateral trade pact. News of the agreement, reached over the weekend, eased concerns that the United States would exit the North American Free […] Read more
Grains, hog farmers praise trade deal
Farmers outside of supply managed commodities are praising the new United States-Mexico-Canada Agreement to modernize NAFTA. Stability of markets is important for trading commodities and a completed North American trade deal will help remove concerns about potential change in the market. “This agreement ensures that the existing strong trade relationship between Canada, the U.S. and […] Read more
DFC hits back at politicians over dairy losses in trade deal
The Dairy Farmers of Canada is expressing angry discontent at Prime Minister Justin Trudeau
Dairy Farmers of Canada (DFC) is expressing its strong disappointment in the concessions given to the U.S. in the new USMCA trade agreement. “The announced concessions on dairy in the new USMCA deal demonstrates once again that the Canadian government is willing to sacrifice our domestic dairy production when it comes time to make a […] Read more
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