COOL Archives - Page 3 of 5

Beef Cattle, Hogs, Livestock, Markets, Reuters

U.S. livestock: COOL news weighs on CME live cattle, hogs

By GFM Network News December 7, 2015

Chicago | Reuters –– Chicago Mercantile Exchange live cattle futures fell on Monday, partly led by the World Trade Organization’s (WTO) ruling against the U.S. in a meat-labeling dispute, said traders. Canada and Mexico may impose tariffs worth $1 billion onto U.S.-traded products, a WTO panel ruled on Monday, as the countries prepared to retaliate […] Read more

Beef Cattle, Hogs, Livestock, Markets

WTO dials back Canada’s COOL retaliation

By GFM Network News December 7, 2015

Canada will be able to take only about a third of the revenge it asked the World Trade Organization to authorize over the United States’ country-of-origin labelling (COOL) law. An arbitration panel of the WTO’s Dispute Settlement Body (DSB) ruled Monday that Canada and Mexico may now ask the DSB to authorize annual retaliatory tariffs, […] Read more

Livestock, Markets, Reuters

CME to revamp cattle delivery rules before COOL vote

By Reuters, GFM Network News December 4, 2015

Chicago | Reuters — CME Group plans changes to its rules for live cattle futures, requiring that all cattle delivered against the contract must be born and raised solely in the U.S., the exchange said in a statement Friday. The new requirement, effective Dec. 18, covers all currently listed trading months through April 2017. CME […] Read more

Livestock, Markets, Reuters

MacAulay favours TPP deal, poised for trade fight with U.S.

By Rod Nickel, GFM Network News November 10, 2015

Winnipeg | Reuters –– Canada’s new agriculture minister said Tuesday he likely will support the Trans-Pacific Partnership negotiated by the previous government, and is inclined to retaliate against the U.S. over a long-standing meat-labeling dispute. The Liberal government, elected last month, has not taken a firm position yet on whether it will support TPP, which […] Read more

Canada’s new Agriculture and Agri-Foods Minister Lawrence MacAulay (l) is sworn-in during a ceremony at Rideau Hall in Ottawa November 4, 2015. Photo: REUTERS/Chris Wattie

Lawrence MacAulay sworn in as Canada’s new agriculture minister

By Shannon VanRaes, GFM Network News November 5, 2015

Ottawa/Manitoba Co-operator – Only hours after being sworn in by Governor General David Johnston and mere minutes after leaving his first cabinet meeting, Canada’s newly minted Minister of Agriculture paused to speak with reporters gathered on Parliament Hill Nov. 3. “I’m certainly pleased,” said Lawrence MacAulay. “Being a dairy farmer and a seed potato farmer […] Read more

Livestock, Markets

COOL saga winding down, but not over yet

By GFM Network News September 24, 2015

CNS Canada –– The seven-year saga of U.S. country of origin labelling (COOL) rules and their adverse impact on Canada’s livestock sector may be nearing its final chapter, but the conclusion still needs to be written. After numerous complaints and appeals with the World Trade Organization, the COOL regulations in place since 2008 have been […] Read more

Beef Cattle, Hogs, Livestock, Markets

NAFTA countries debate COOL harm at WTO

By Grainews Staff, GFM Network News September 17, 2015

Canada and Mexico have made their case before a World Trade Organization arbitration panel on how much tariff revenge they’re allowed to impose on U.S. goods over country-of-origin labelling (COOL). The WTO “has ruled four times that the U.S.’s COOL rules are discriminatory,” Canadian Pork Council chairman Rick Bergmann said in a council release Wednesday […] Read more

(Photo courtesy Architect of the Capitol, VisitTheCapitol.gov)

Livestock

Voluntary COOL still not OK: Ritz and Fast

By Grainews Staff, GFM Network News July 24, 2015

Two U.S. senators have introduced a bipartisan bill which would replace mandatory country-of-origin labelling for meat within a voluntary program, but it doesn’t impress Agriculture Minister Gerry Ritz and International Trade Minister Ed Fast. The bill is intended to bring the U.S. into compliance with a World Trade Organization (WTO) ruling in May that the […] Read more

U.S. Senator Debbie Stabenow, shown here in Michigan in 2011, proposes a voluntary COOL system for beef and pork, while keeping mandatory COOL for lamb and other covered goods. (Stabenow.senate.gov via Flickr)

Livestock, Markets

U.S. senators ponder voluntary COOL for beef, pork

By Grainews Staff, GFM Network News June 25, 2015

Considering a repeal for a meat label law ruled offside by world trade regulators, members of the U.S. Senate’s ag committee are also asking aloud if a voluntary label law for beef and pork would do. At the agriculture committee’s hearings Thursday in Washington, D.C., chairman Pat Roberts told senators trade retaliation from Canada and […] Read more

Beef Cattle, Hogs, Livestock, Markets, Reuters

U.S. House of Representatives votes to scrap COOL

By GFM Network News June 10, 2015

Washington | Reuters — The U.S. House of Representatives on Wednesday evening voted to repeal meat labeling laws, which were widely backed by U.S. consumer groups, as Canada and Mexico threaten US$3 billion in trade sanctions. The House voted 300-131 to repeal country-of-origin labeling (COOL) rules on beef, pork and poultry, after the World Trade […] Read more

Alberta crop conditions improve: report

U.S. grains: Corn sets contract lows on expectations for big US crop

U.S. livestock: Cattle strength continues

GFM Network News