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Canadian ag groups call for CPTPP ratification

Canadian ag groups call for CPTPP ratification

Six countries need to sign the deal before it can take effect

By Diego Flammini
Staff Writer
Farms.com

Canadian farm organizations want Bill C-79, which calls for the ratification of the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), passed as soon as possible.

CTPP ratification requires six of the 11 countries to approve the deal. The Mexican government has already ratified the agreement. Japanese and Australian officials are going over the finer details of the deal.

Farm groups feel Canada being one of the first six sends a strong message to trade partners.

“With the implementing legislation for the CPTPP now in Parliament, Canada has a chance to play a leading role in joining the first six countries to ratify the agreement,” Daniel Ramage, director of market development with Cereals Canada, said in a piece on the organization’s website.

“This will demonstrate Canada’s commitment to international trade while promoting continued cooperation against the backdrop of rising protectionism and uncertainty.”

The Canadian pork industry is also eager for lawmakers to ratify the trade agreement.

Canadian pork exports to Japan are estimated to increase by $639 million. And tariff reductions will save the industry about $51 million, Global Affairs Canada says.

“Ensuring our industry has access to diverse and growing markets is more important than ever,” Rick Bergmann, chair of the Canadian Pork Council, said in a statement yesterday. “We are asking all members of the House of Commons to quickly ratify this agreement.”

Members of Parliament have also heard the support from Canadian farmers.

"There is definitely huge advantages for farmers and a number of other individuals that will be able to take advantage if we're able to ratify it first," Dean Allison, the MP for Niagara West, told CBC yesterday. "There have been a number of sectors in the agricultural business, in particular, that have been encouraging us to move forward."


Trending Video

US “Flash Drought” Worst in 133-160 Years + Disease taking a Bite out of US 2025 Corn/Soybean Crops

Video: US “Flash Drought” Worst in 133-160 Years + Disease taking a Bite out of US 2025 Corn/Soybean Crops


A dry August and a “flash drought” in the ECB (Eastern Corn Belt) the driest top 10 to 15 years in 150 to 160 years (Ohio the driest in 133 years) plus disease is taking a bite out of the 2025 U.S. corn and soybean crops.
It's going to be an early harvest. This could be the start of the 89-year drought cycle that may have been delayed until 2026 as La Nina maybe returning.
The USDA September crop report is all about record corn ears and record soybean counts but the October USDA crop report will be about pod and ear weights.
Stats Canada reported higher forecasts for the 2025 Canadian Prairies all wheat and canola crops vs. last year based on satellite imagery but are they overestimating production?
The 2025 Great ON Yield Tour and Quebec crop tours are projecting corn and soybean crops below the 10-year average.
China's Vice Commerce Ministry Li Chenggang visits Washington this week as we continue to connect the dots is a positive sign towards a China/U.S. trade deal. But will U.S. farmers have a winter without China as they buy more soybeans from Uruguay/Argentina? U.S. Northern Plain soybean farmers are seeing red with flat prices at $8.97/bu!
U.S. corn exports on record pace up 99% vs. last year.
Fund short covering continues in corn futures bottom is in!