Canada is not obligated to make any further changes to tariff rate quotas, according to a new ruling by a dispute panel under the USMCA. The new ruling is a follow-up to an earlier ruling in December 2021.
According to RealAg Radio host Shaun Haney, While the first ruling was a trade win for both the United States and Canada — this time, the only ones claiming victory are Canada’s dairy industry.
Ag Ministers are saying the new ruling is good news for supply management.
Michael Torrey with Edge Dairy Cooperative shared how this will impact American producers, saying: “Dairy exports are a huge part of what we deal with every day. In the last 10 years, exports in the dairy world have increased 85% — 25% year over year — in terms of dairy exports and value. The farmers in the upper Midwest, there’s a lot of cheese processors, and so it’s important that we continue to have free and fair trade and stability that our farmers can count on so they can continue to grow.”
The National Milk Producers Federation is also expressing disappointment in the decision. NMPF representative Alan Bjerga joined us on the Market Day Report to share what the decision means for U.S. dairy producers; what the industry is calling for from the Biden Administration; and an update on the Federal Milk Marketing Order hearing.
