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Alberta farmers Asked for Input on TPP Trade Deal

A senate committee is in Calgary this week to get input from farmers on international trade deals, including the controversial Trans-Pacific Partnership (TPP).
 
The 12-country agreement would set the rules for more than a third of the world's trade, reducing tariffs on a large range of commodities like canola, fish and seafood, forestry products and industrial goods.
 
Ward Toma, general manager of the Alberta Canola Producers Commission, says the province's agriculture industry stands to benefit from the TPP.
 
It allows for us to access markets into the future. It allows for us to be competitive against our competitors," he said.
 
"Having the rules put in place around non-tariff trade barriers so that we can solve disputes around trade issues is very important for us."
 
The senate committee will put out a report with recommendations on international trade next March.
 
Canada has up to two years to decide whether to ratify the TPP.
 
Toma says canola producers in Alberta export up to 85 per cent of their crop to international markets, like the U.S. and Japan.
 
Source : CBC

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Increased Geo Political Tensions = SELL AMERICA TRADE + Argentina Dry

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Higher geo-politics from Trump wanting to annex Greenlland to conflict with Iran has caused investors to sell everything America. With Matto Grosso Brazil 7% harvested weather has turned wet as harvest progresses but Argentina has turned dry! Both soybean and wheat futures have traded back above the pre-USDA January crop report close a positive technical chart signal. A monster weekly U.S. export report is price supportive but a kick the can down the road on E15 is very disappointing.