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
Tag Archives USMCA — page 4
Dairy processors concerned about USMCA trade deal
Processors want compensation to be distributed differently than under CETA
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
U.S. Senate will not vote on USMCA in 2018, McConnell says
Washington | Reuters — The U.S. Senate’s top Republican said on Tuesday that senators will not vote to approve a revised North American trade pact in 2018, leaving the issue to the next Congress. Senate majority leader Mitch McConnell told Bloomberg Television that the Senate will not have time to take up the new United […] Read more
Editorial: A trade deal that needed to be done
Canada’s supply management system will go on, despite some cursory efforts by Americans to get rid of it during the recent North American trade talks. This should be the last trade agreement that Canadian supply managed sectors need to worry about. After Europe, Asia and Oceania and the United States, there aren’t many other dairy […] 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
Dairy farmers unhappy after meeting Trudeau on USMCA
Ottawa | Reuters — Canadian dairy farmers met Prime Minister Justin Trudeau on Thursday to discuss his politically-risky move to open up the protected domestic market to U.S. industry but complained he had not given them details about compensation. As part of the talks to complete the new United States-Mexico-Canada Agreement (USMCA) trade deal, Canada […] 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
Trudeau takes Quebec dairy gamble to preserve big trade deal
Ottawa/Montreal | Reuters — With his political future at stake, Canadian Prime Minister Justin Trudeau will mount a charm offensive to placate dairy farmers who say he sold them out in order to win approval of a continental trade deal. Compounding Trudeau’s challenges in the influential province of Quebec, where many dairy farmers are based, […] 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
Cyber-Savvy Farmer
