The New Year allows us to look ahead at what’s to come and reflect on the previous year. The past year saw interesting prices across all sectors, with Dairy prices in 2023 ending on a low note. With that in mind, it’s important to look ahead at what 2024 can offer producers. Katie Burgess, Director of Risk Management for Ever.Ag, …
Concluding IDF World Dairy Summit 2023, Global Dairy Leaders Celebrate Sector’s Future
CHICAGO – Concluding the first International Dairy Federation World Dairy Summit (IDF WDS) held in the United States in 30 years, more than 1,240 dairy leaders from 55 countries celebrated IDF’s 120th anniversary and highlighted dairy’s innovations, market opportunities and contributions to global sustainability, food security and more. IDF President Piercristiano Brazzale and Director General Caroline Emond, along with U.S.-IDF …
Dairy Farmers Ask Trump Administration to Provide Needed Compensation for Lost Trade
U.S. dairy farmers at their annual meeting asked President Donald Trump to recognize the significant economic losses milk producers are suffering because of the administration’s implementation of Section 232 and 301 tariffs. The duties have resulted in retaliatory tariffs against U.S. dairy exports, particularly in Mexico and China. They continue to cause severe economic harm to U.S. dairy farmers, according …
Federal Reserve: NAFTA 2.0 Won’t Help Dairy Industry
The North American Free Trade Agreement (NAFTA) replacement will not benefit dairy farmers, according to the Federal Reserve Bank. A report by the Federal Reserve says gains made by the new U.S.-Mexico-Canada Agreement that will replace NAFTA are “too small and too far in the future to help dairy farmers.” The Minneapolis Fed reported that “a substantial number of dairy …
Canada Dairy Industry: New NAFTA a Bad Outcome
Dairy farmers in Canada “paid the price” to conclude an international trade agreement, according to Dairy Farmers of Canada. The recently announced U.S.-Mexico-Canada Free Trade Agreement that will replace the North American Free Trade Agreement (NAFTA) includes allowing the U.S. expanded dairy market access. Canada’s dairy industry says the concessions show Canada is “willing to sacrifice our domestic dairy production …
Canada Dairy Group Expresses Need to be Vigilant Regarding Trade
Dairy Farmers of Canada highlighted challenges the group is facing during its annual meeting this week. Dairy farmers from across Canada gathered in Quebec as the annual meeting focused on international trade with the industry is facing pressure from the United States through the North American Free Trade Agreement renegotiation. Highlighting that the Canadian dairy industry is facing new challenges, …
Dairy States Need Strong NAFTA
Trade, and improving trade, is critically important for the U.S. dairy industry, especially in Wisconsin. U.S. Senator Tammy Baldwin, a democrat from Wisconsin, says trade is vitally important to all sectors of the U.S. economy, including dairy, but the U.S. needs fair trade agreements. Baldwin says the Trump administration needs to double down its efforts to renegotiate the North American …
USDA Under Secretary Confident Good Neighbor Relations Will Prevail in NAFTA Talks
Current North American Free Trade Agreement (NAFTA) negotiations are a lot like a Sumo wrestling match, according to Ted McKinney, under secretary of trade and foreign agricultural affairs for the Agriculture Department. He said there is an extraordinary amount of posturing in the circle, but he is hopeful that the United States, Canada and Mexico will meet in the middle …
Canada “Extremely Worried” About NAFTA Direction
Canada is “extremely worried” behind the scenes regarding the North American Free Trade Agreement (NAFTA) negotiations. News network CTV of Canada reports the latest round of negotiations has caused concerns. The U.S. has since tabled a measure to dismantle Canada’s dairy supply management system, but the issue is likely to come up again. Canada refuses to make changes to the …
NMPF Comments on Round 4 of NAFTA Negotiations
“We are pleased that U.S. trade negotiators have told Canada that its problematic dairy policies must be addressed in the negotiations over the North American Free Trade Agreement (NAFTA). “The proposal advanced by the U.S. Trade Representative is the right approach to move dairy trade between our two countries closer to the free trade relationship that exists for most other …
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