Tuesday, March 9, 2021

U.S. Dairy Industries Unite in Seeking Canadian TRQ Administration Reform

U.S. dairy groups Monday issued joint comments on Canada’s Phase II Consultations on its Comprehensive Review of the Allocation and Administration of Tariff Rate Quotas for Dairy, Poultry, and Egg Products. The groups include the U.S. Dairy Export Council, the National Milk Producers Federation and the International Dairy Foods Association. The three organizations, which have repeatedly expressed concerns on the issue related to commitments in the United States-Mexico-Canada Agreement, are united in that Canada must dramatically reform its policies regarding the administration and allocation of its TRQs. The joint comments elaborate on those TRQ compliance concerns, outlining that the U.S. dairy industry insists upon realizing the full benefit of the USMCA market access Canada committed to provide. In 2020, the United States exported almost $676 million in dairy products to Canada, well short of the gains estimated to occur under USMCA by the U.S. International Trade Commission in its 2019 report.




Friday Midday Dairy Market Summary - Butter and Cheese Prices Bounce

OUTSIDE MARKETS SUMMARY: CORN: 6 Higher SOYBEANS: 15 Higher SOYBEAN MEAL: ...