Soybeans have been on a wild ride the last few days, riding news of high stocks, news of the U.S./Mexico/Canada trade agreement (USMCA). What’s a farmer to do? RealAg Radio host, Shaun Haney spoke with Arlan Suderman, chief commodities economist at INTL FCStone Inc., to talk soybeans’ recent woes. “I think that there’s a lot… Read More
Category: USMCA
The long, drawn out NAFTA negotiations really weighed heavily on the nerves of agricultural exporters. The fear of losing the U.S. market or the real threat of the border possibly becoming thicker was a huge stress for beef, pork, oilseed, and cereal producers. The news, then, that there is a trilateral deal to be ratified… Read More
The 25-year-old trade deal known as NAFTA is no more. As of Sunday night, the United States-Mexico-Canada Agreement know as USMCA was born. So what does this mean for producers? Let us break it down for you… Increased market access for American dairy farmers So far, market access into the Canadian dairy sector has been… Read More
At one hundred thousand feet the new USMCA (NAFTA 2.0) comes with little change, according to most main stream analysts. For agriculture we know that this is not true. One of the agricultural sectors hit hardest is the Canadian dairy industry through concessions to the United States in this new deal. The concessions are two… Read More
Canada has reached an 11th hour trilateral trade agreement with the U.S. and Mexico. The new deal is dubbed the United States-Mexico-Canada Agreement (USMCA). Multiple media outlets say Canada’s dairy sector will see changes, with American dairy farmers getting more market access at a reported 3.6 per cent. Additionally class 7 pricing will be revamped… Read More