An intense round of talks between Canada and the U.S. to modernize the North American Free Trade Agreement (NAFTA) came to an end Friday afternoon without an agreement, but with both sides reporting progress and planning to resume negotiations on Wednesday. "We are continuing to work hard, and we are making progress. We're not there... Read More
Category: Trade
U.S. corn growers are voicing concerns and disappointment with their federal administration as the penny-per-bushel trade aid announced earlier this week added to frustrations over retaliatory tariffs and how the Environmental Protection Agency (EPA) is handling ethanol policy. U.S. Agriculture Secretary Sonny Perdue tried to allay those concerns at the Farm Progress Show in Boone,... Read More
As the saying goes, what goes around comes around, and never has that been so true perhaps than with politics and current trade talks. Early in the NAFTA 2.0 negotiations the Team Canada approach was to penetrate the U.S. political system at all levels with its NAFTA lobbying. Whether it was governors, U.S. senators, or... Read More
There are many ways to gauge growing conditions, estimate yields, and measure exports from overseas, but likely one of the best ways to get a grip on crop production in a foreign land is to ask someone who's there. Mike Lee, with Green Square Agro Consulting, is an agronomist and crop consultant based in the... Read More
It has been an immensely fast-paced day in regards to NAFTA 2.0 talks. Monday began with Mexico and the United States agreeing to a bilateral trade deal that was described as an "understanding." U.S. President Donald Trump alluded to the fact that NAFTA had a very negative meaning for Americans so he would be giving... Read More
The U.S. government announced details of its $12 billion trade aid package on Monday, including nearly $4.7 billion in direct payments to American farmers based on their 2018 production. Direct payments Initial payments will be available on corn, cotton, dairy, hog, sorghum, soybean, and wheat starting September 4. “Early on, the President instructed me, as... Read More
The U.S. government will announce details of its planned US$12 billion trade aid package for the agriculture sector on Monday, according to Agriculture Secretary Sonny Perdue. The package, which was first announced in July, will include direct payments to producers to offset the impact of tariffs on U.S. exports. Sources told Agri-Pulse that the preliminary... Read More
Canadian wheat and barley exports have been caught in the escalating diplomatic dispute between Canada and Saudi Arabia. The Saudi government issued a notice on Tuesday to stop all purchases of wheat and barley from Canada. While the Saudi market isn't a major export destination, the impact will likely be felt in the barley market... Read More
Although the European Union is currently experiencing significant political shifts within its body of countries, it is still one of the world's leading economic blocks and is very attractive to exporters from around the world. Its history of protectionism, with tariffs and import quotas on agricultural products, is well documented. This makes trade with the... Read More
The three NAFTA partners are reportedly making progress on a deal around auto-content rules, meaning we could see a change in focus to the remaining issues, which includes Canadian market access for U.S. dairy products. There's plenty of speculation about what the ultimate compromise required to get a deal done will be, but we can... Read More