Mexico and Canada Want NAFTA Conclusion This Year

Dan Industry News Release, Trade

Mexico and Canada want to wrap up the renegotiation of the North American Free Trade Agreement this year, according to the Hagstrom Report. While in Washington, D.C. this week, The Mexican ambassador to the United States says the incoming Mexican president wants NAFTA to “be completed before he takes office on December 1.” An official from Canada said the nation …


Quebec Says Canada Should Rethink Dairy Policy

Jim Rogers Industry News Release

The largest dairy-producing province in Canada says the country should reconsider its dairy policy to help ease tensions with the United States. The Premiere of Quebec says the perception is that the Class 7 milk-pricing policy was put in place to hurt the competitiveness of American dairy products. Phillippe Couillard tells Bloomberg that the pricing policy seems to be the …

Canada Announces Pork Sector Investment

Jim Rogers Industry News Release

Amid global trade uncertainty and U.S. pork facing tariffs, Canada is investing to expand its swine sector. While the two moves are not directly related, Canada Agriculture and Agri-Food Minister Lawrence MacAulay just announced a federal investment of up to (Canadian) $12.7 million to Swine Innovation Porc, a non-profit corporation that facilitates research in the Canadian swine sector. The non-profit …


Canada Dairy Group Understanding of U.S. Frustrations

Dan Dairy, Industry News Release

The largest dairy processor in Canada says President Trump “has a point” when it comes to dairy trade between the U.S. and Canada. Saputo Inc. told Reuters:“Canada should consider eliminating its Class 7 milk policy in order to renegotiate the North American Free Trade Agreement with the United States.” The CEO says he understands “the frustrations,” adding, “quite frankly I …


Secretary Perdue Comments on Canada Dairy Issue

Dan Dairy, Industry News Release

While traveling to Canada last week, Agriculture Secretary Sonny Perdue and his Canadian counterpart spoke in unison supporting trade. Perdue visited the farm of Canada’s Agriculture Minister Lawrence MacAulay, Friday. Speaking with reporters after the event, Perdue discussed Canada’s Dairy Supply Management System, targeted by the U.S. dairy industry as a priority to address through the North American Free Trade …


Canada Seeking Answers Regarding U.S. Farmer Support Funds

Dan Industry News Release, Trade

Canada wants the U.S. to explain an additional $30 billion made available to support farmers harmed by trade woes, and how the U.S. might distribute the funds. Canada made the request through the World Trade Organization last week. Canada’s written question asked the United States to explain the U.S. Bipartisan Budget Act of 2018, in which Congress lifted certain restrictions …


Tariffs Throw Another Monkey Wrench Into NAFTA 2.0

Dan Industry News Release, Trade

The steel and aluminum tariffs imposed by President Trump threw another wrench into the North American Free Trade Agreement talks. Politico says that will further delay a final agreement between the three long-time trading partners. The action also revives the possibility that Trump will once again possibly follow through on his threat to withdraw from the pact. That’s a move …


Canada Approves Bayer Acquisition of Monsanto, with Conditions

Dan Industry News Release, Seeds

The Canadian Competition Bureau has officially approved Bayer’s acquisition of Monsanto, with some conditions. The agreement addresses the Bureau’s concerns that the acquisition would have significantly harmed competition and innovation in Canada’s agricultural sector. Following a review of the sale, the Bureau concluded that the merger would substantially lessen and prevent competition in Canada with respect to the supply of …