Ottawa/Winnipeg | Reuters — The U.S. dairy lobby is ratcheting up the pressure on Canada as talks to renegotiate NAFTA draw closer, demanding concessions the Canadian government looks unwilling to grant, according to people familiar with the file. The result could be a brawl that sours efforts to modernize the North American Free Trade Agreement, […] Read more

U.S. dairy lobby increases pressure on Canada

Historic TPP deal faces skeptics in U.S. Congress
Atlanta | Reuters –– Twelve Pacific Rim countries on Monday reached the most ambitious trade pact in a generation, aiming to liberalize commerce in 40 per cent of the world’s economy in a deal that faces skepticism from U.S. lawmakers. The Trans-Pacific Partnership (TPP) pact struck in Atlanta after marathon talks could reshape industries, change […] Read more

Farmers, upset over TPP talks, take cows to Parliament
Ottawa | Reuters — Unhappy Canadian dairy farmers parked dozens of tractors in central Ottawa and walked their cows down the main street opposite Parliament on Tuesday to protest trade talks they said could cripple them. Canada is one of 12 Pacific Rim countries trying to nail down a trade deal in Atlanta this week. […] Read more

Fonterra cuts dairy jobs as ‘white gold’ rush fizzles
Wellington | Reuters — New Zealand dairy exporter Fonterra is cutting jobs in an effort to shore up its cash flows as a slump in global dairy demand, particularly from No. 1 buyer China, threatens to snuff out the country’s “white gold” rush. Dairy prices have more than halved from record highs scaled in 2013, […] Read more