WASHINGTON, D.C. (RFD NEWS) — The upcoming review of the U.S.-Mexico-Canada Agreement (USMCA) is putting renewed focus on North American trade relationships. U.S. officials say they are looking at ways to strengthen the agreement, including addressing non-tariff barriers and enforcement concerns.
RealAg Radio Host Shaun Haney joined us on Thursday’s Market Day Report to provide a Canadian perspective on what might be ahead for agriculture.
Haney discusses what he’s watching most closely as the July review approaches, how enforcement and non-tariff barriers affect U.S.-Canada agricultural trade, the importance of stability for Canadian producers and exporters, and whether the review could result in fine-tuning or more significant changes.
For dairy producers, that could help support fluid milk use in cafeterias, breakfast programs, and other child nutrition settings.
EU simplification may reduce some paperwork, but U.S. exporters still face costly traceability requirements.
U.S. beef imports are running at a record pace while exports are falling, reflecting tight domestic cattle supplies and high U.S. beef prices.
ASFMRA’s Chad Hertz joins us to discuss farmland trends, economic pressures facing producers, and how outside influences are shaping today’s land market.
“Irresponsible Lending Has No Place in Government Programs,” the U.S. Department of Agriculture said in a press release.
Cattle analysts say the U.S. beef cattle herd rebuild still faces major hurdles despite some minor positive signals noted in certain regions.