Farms.com Home   News

CETA Troubles 'Unfortunate', Says Former High-Ranking US Ag Official

 
Both sides are working hard to get a deal done, after trade talks between Canada and the European Union stalled late last week.
 
Canada's International Trade Minister Chrystia Freeland walked out of meetings on Friday, after failing to come to terms with the Belgian region of Wallonia.
 
Dr. Joe Glauber, former Chief Economist of the US Department of Agriculture, got wind of the news after giving a presentation in Winnipeg.
 
"I think it's unfortunate," he said. "It is symptomatic of what you're seeing I think globally right now with a lot of difficult negotiations. I don't know from the European standpoint, how much of the CETA issues are now complicated by Brexit and other things."
 
Glauber says it's hard to believe that CETA (Comprehensive Economic and Trade Agreement), a deal which was essentially done, would not get ratified.
 
Source : Portageonline

Trending Video

A “Nothing Burger” from Trump Xi Summitt + Bullish USDA May Crop Report for Wheat!

Video: A “Nothing Burger” from Trump Xi Summitt + Bullish USDA May Crop Report for Wheat!


The 2026 Trump/Xi Summit in China was one BIG disappointment, but the USDA May Crop Report was bullish U.S. wheat. Wheat Quality Council Tour confirmed the lower wheat production from the USDA for Kansas. Could the U.S. drought travel East and North into the top “I” states from June to August of 2026? #1 U.S. pork buyer Mexico bans 10% of supplies. E15 passes through U.S. Congress but will it pass in the Senate? Higher U.S. wholesale inflation reminds us of 2020-2022. Meal futures spiking + CFTC.