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: ...
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MILK There had been some optimism that lower milk production in February would get the attention of cheese buyers and they would ste...
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OUTSIDE MARKETS SUMMARY: CORN: 1 Lower SOYBEANS: 3 Higher SOYBEAN MEAL: $11...
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Block cheese price increased 1.75 cents, closing at $1.7525 and the highest price it has been since May 7. There were 3 loads changing hand...