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Tag Archives CUSMA

Corn in progress just east of Blumenort, Man. on July 20, 2022. (Dave Bedard photo)
Corn, Crops, Reuters

Mexico open to deal with U.S. on GMO corn

U.S. corn growers seek clarity over ban

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Mexico City | Reuters — Mexican President Andres Manuel Lopez Obrador said on Tuesday he is seeking a deal with Washington after the United States threatened legal action over Mexico’s plan to ban genetically modified (GMO) corn in 2024. After meeting with Mexican officials on Monday, U.S. Secretary of Agriculture Tom Vilsack said Mexico’s decree […] Read more
(Diane Kuhl/iStock/Getty Images)
Dairy Cattle, Livestock, Poultry/Eggs

CUSMA compensation set for supply-managed sectors

Feds pledge over $1.7 billion in payments, programs

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A final round of payments and programs for Canada’s supply-managed dairy and feather sectors — this time in compensation for the sequel deal to NAFTA — is now on deck for 2023 and beyond. Compensation to those sectors for domestic market concessions granted under the Canada-U.S.-Mexico Agreement (CUSMA) was telegraphed in federal Finance Minister Chrystia […] Read more
(Lauri Patterson/E+/Getty Images)
Dairy Cattle, Livestock, Reuters

U.S. seeks another CUSMA dispute panel on Canadian dairy quotas

Canada announced revised policies last week

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Ottawa | Reuters — The Biden administration is requesting that a second dispute settlement panel be formed under the Canada-U.S.-Mexico Agreement (CUSMA) to review a trade dispute with Canada over dairy import quotas, it said on Wednesday. The U.S. alleges that Canada’s dairy tariff-rate quota allocations deny eligible U.S. applicants, including retailers, access to Canadian […] Read more
Finance Minister Chrystia Freeland holds a news conference before delivering the 2022-23 budget in Ottawa on April 7, 2022. (Photo: Reuters/Blair Gable)
General, Machinery, Weather

Supply chain improvement funds pledged in federal budget

Money also added for support of TFWs, P.E.I. potato sector

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The federal government’s release last week of its Emissions Reduction Plan has turned out to be the spoiler for new ag funding in Thursday’s 2022 budget — although more money is also pledged to help strengthen cross-country supply chains generally. Finance Minister Chrystia Freeland on Thursday laid out a federal budget with about $452.3 billion […] Read more
(Lauri Patterson/E+/Getty Images)
Dairy Cattle, Livestock, Reuters

Canada violated CUSMA pact by reserving dairy quotas, panel finds

Canada 'will ensure compliance,' trade minister's rep says

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Washington | Reuters — Canada violated a trade accord with the U.S. and Mexico by reserving most of its preferential dairy tariff-rate quotas for Canadian processors, a dispute panel found, and Washington warned it could retaliate if Ottawa did not change course. The U.S. Trade Representative’s office claimed victory for Washington in the first dispute […] Read more
Canada/U.S. border signage in downtown Detroit. (RiverNorthPhotography/Getty Images)
Dairy Cattle, Livestock, Reuters

U.S. requests CUSMA dispute panel on Canadian dairy quotas

TRQs improperly allocated, USTR alleges

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Washington | Reuters — The Biden administration on Tuesday escalated a simmering trade dispute with Canada over dairy import quotas, requesting that the first dispute settlement panel under the Canada-U.S.-Mexico Agreement be formed to review the matter. The U.S. Trade Representative’s office said its complaint alleges that Canada was improperly allocating CUSMA tariff-rate import quotas […] Read more
A freight train at Manchac, La., about 75 km east of Baton Rouge. (CN.ca)
Crops, Reuters

CN challenges CP with Kansas City Southern bid

KCS shareholder warns U.S. regulator 'doesn't like overlap'

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Reuters — Canadian National Railway said on Tuesday it had offered to buy Kansas City Southern railroad for about US$33.7 billion, sending shares of the U.S. rail company soaring as investors anticipated a bidding war with Canadian Pacific Railway. CP had agreed a deal to acquire Kansas City Southern for about $25 billion last month […] Read more
(Nadezhda_Nesterova/iStock/Getty Images)
Livestock, Poultry/Eggs

Compensation programs hatched for feather sectors

On-farm investment, market development plans on deck

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Long-awaited programs to make up for market share lost to imports under the Trans-Pacific Partnership trade pact are set to roll out to Canada’s chicken, egg and turkey farmers. Agriculture Minister Marie-Claude Bibeau and caucus colleagues on Tuesday announced the specific contents of her previously-pledged $691 million, 10-year compensation funding envelope: a Poultry and Egg […] Read more

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