Are farmers more or less in favour of USMCA than the average Canadian?

The dust has settled after the fanfare of trade negotiators moving on from NAFTA 2.0 and giving us the U.S.-Mexico-Canada agreement, a new, trilateral trade agreement that moves now to ratification within each of the three signatories.

Now, nearly a month out from the announcement, Canadians have sifted through news coverage and nearly half have come to the conclusion that this wasn’t a great deal for Canada. Angus Reid Institute recently released its findings of how Canadians view our country’s negotiation performance and this deal, and a full 45 per cent are ‘disappointed or very disappointed’ with the new trade agreement.

Source: Angus Reid Institue

For Canadian agriculture, perhaps the most reasonable, best-case scenario was what we got — there are no big gains in USMCA over what was already enshrined in NAFTA, but a deal vs. no-deal is great news for export-dependent commodities.

There are, without a doubt, losers in this new deal — Canada’s supply managed sectors gave up domestic market share and dairy will have to shut down its Class 6 and 7 milk component pricing categories.

Where do you stand? Do you think USMCA is positive or negative for Canadian agriculture?




RealAgriculture News Team

A team effort of RealAgriculture's videographers and editorial staff to make sure that you have the latest in what is happening in agriculture.


Wheat prices jump into August — This week in the grain markets

This week, winter wheat prices touched a three-year high, but it didn’t last. Chicago SRW wheat prices for September 2018 gained 5 per cent or about 26 cents US/bushel to close at $5.56. While the December 2018 contract was up 5.4 percent — or nearly 30 cents — to finish a tad under $5.80. In…Read more »


Leave a Reply


This site uses Akismet to reduce spam. Learn how your comment data is processed.