Chicago | Reuters — U.S. President Donald Trump’s decision to back out of the Trans-Pacific Partnership (TPP) trade deal, a US$62 billion market for U.S. farmers, provides a fresh threat to a slumping agricultural economy that has grown increasingly dependent on exports. Agricultural groups expressed disappointment over the move and urged the new administration to […] Read more
Struggling U.S. farm sector faces new threat as TPP dies
Canada says TPP trade deal dead without U.S.
Calgary | Reuters — The Trans-Pacific Partnership (TPP) trade deal cannot proceed without the United States, Canada said on Tuesday, even as Australia and New Zealand pledged to salvage it. U.S. President Donald Trump withdrew from the 12-nation TPP on Monday, following through on an election promise days after his inauguration. “This agreement was so […] Read more
Loonie value will determine 2017 ag outlook
FCC’s chief agricultural economist says a low Canadian dollar is expected to continue to benefit the sector
Reading Time: 2 minutes A low loonie is likely to continue to benefit Canadian farmers through 2017. That’s according to J.P. Gervais, Farm Credit Canada’s chief agricultural economist, who added that will be the continuation of a trend seen throughout 2016. “There are certainly other factors that could influence Canadian agriculture, such as the global economy, the investment landscape, […] Read more
Canada not seen as U.S. target in NAFTA talks
Calgary | Reuters — Canada has a “very special status” and is unlikely to be hit hard by changes the U.S. wants to make to the NAFTA trade accord, the head of a business advisory council to U.S. President Donald Trump said on Monday. Stephen Schwarzman made his remarks after addressing Canadian Prime Minister Justin […] Read more
Australia, New Zealand pledge to salvage TPP
Reuters — Australia hopes to salvage the Trans-Pacific Partnership (TPP) by encouraging China and other Asian nations into the agreement in the wake of U.S. President Donald Trump’s decision to pull his country out of the pact, its trade minister said on Tuesday. New Zealand’s trade minister said ministers from the remaining TPP countries would […] Read more
New rules limit livestock travel time
Comments can be made until Feb. 15
Reading Time: < 1 minute The Canadian Food Inspection Agency is seeking public comment on proposed amendments to the Health of Animals Regulations: Part XII which deals with humane transportation. The most significant change would limit travel time to 36 hours (from 48 hours previously) and also increase the rest time (to eight hours). The agency says it has also […] Read more
Eight more quarantines added in bovine TB probe
UPDATED, Jan. 23, 2017 — Another eight properties housing about 2,000 cattle have been put under federal quarantine since last week as officials continue to track down livestock exposed to bovine tuberculosis (TB). The Canadian Food Inspection Agency on Thursday pegged the number of premises under quarantine at about 58, and the number of animals […] Read more
Lactalis offer for Italy’s Parmalat seen too low
Milan | Reuters — Parmalat activist investor Amber Capital believes the price of a buyout offer by France’s Lactalis undervalues the Italian dairy group and won’t be tendering its three per cent stake. Lactalis, which won control of Parmalat in 2011 amid failed efforts in Italy to mount a domestic counter bid, has launched an […] Read more
Trump to name ex-Georgia governor as ag secretary
Washington | Reuters — U.S. President-elect Donald Trump will name former Georgia Governor Sonny Perdue as his nominee for secretary of agriculture on Thursday, a senior transition official saidn Wednesday. Perdue, 70, served on Trump’s agricultural advisory committee during his presidential campaign. His nomination, which must be confirmed by the Republican-led Senate, will complete Trump’s […] Read more
Greig: A year of farm policy decisions ahead for Ontario
Ontario’s agriculture minister stands by his decision to halt a process that was expected to open up how processing tomatoes are priced in the province. Jeff Leal’s decision, announced in August, resulted in a Dec. 21 threat from Ontario’s largest tomato processors to significantly cut back their tomato purchases from Ontario farmers in 2017. Processing […] Read more