Farms.com Home   Ag Industry News

Canadian federal agency to investigate Turkish dry wheat pasta dumping

Canadian federal agency to investigate Turkish dry wheat pasta dumping

Canadian Pasta Manufacturers Association issued warnings about Turkish pasta imports two years ago

By Diego Flammini
News Reporter
Farms.com

Federal investigations have been launched into dry wheat Turkish pasta and if the products are being sold at unfair prices in Canada.

The Canada Border Services Agency (CBSA) announced on Dec. 28 that the investigations are being conducted under the Special Import Measures Act and as a result of complaints filed by the Canadian Pasta Manufacturers Association (CPMA).

Members of the CPMA are: Italpasta Limited, Primo Foods Inc. and Grisspasta Products Ltd.

“The (CPMA) alleged that, as a result of price undercutting from Turkey, Canadian industry faces lost production, lost sales, price depression, loss of employment, and reduced profitability,” according to the CBSA’s announcement.

The agency will examine whether subsidies are being applied to Turkish pasta imports.

The Canadian International Trade Tribunal (CITT) will assist the CBSA with the investigations.

CITT will conduct a preliminary inquiry to determine if Turkish pasta imports are harming Canadian farmers.

The investigations are almost two years in the making.

Don Jarvis, CPMA executive director, told the Standing Senate Committee on Agriculture and Forestry in February 2016 that Canada was on the receiving end of unfair Turkish imports.

And the association is pleased to see a formal investigation into their concerns.

“We’re happy to see the CBSA open an investigation into the dumping and subsidizing of Turkish pasta imports,” Jarvis told Farms.com today. “Turkish pasta is being imported and has been imported at a very low cost for quite some time. The cost is dramatically lower than pasta imports from countries like Italy or the United States. In our formal complaint there’s also extensive information regarding the impacts on the manufacturers and Canadian producers.”

Turkey exported more than 830,000 tons of pasta globally in 2016, worth about CAD$140 million, according to the country’s Ministry of Economy.


Trending Video

Funds Ditch Ag Commodities, Chase Stocks Amid an End to Middle East War, & Trade Deal Buzz

Video: Funds Ditch Ag Commodities, Chase Stocks Amid an End to Middle East War, & Trade Deal Buzz


The 12-day war between Iran-Israel came to an end sending crude oil futures plunging as the big fund speculators removed the war risk premium.

The weather risk premium in the Ag complex is sending corn, wheat and soybean futures lower on month-end selling ahead of the market moving USDA quarterly grain stocks and acreage reports on June 30th.

Instead, funds were chasing and sending tech stocks higher with the S&P 500/NASDAQ indexes setting new all-time record highs!

June 1 USDA Hogs and pigs report was slightly bearish while the U.S. $ Index traded to new contract lows as the de-dollarization that began in 2014 continues.

Feed in the form of soybean meal futures for livestock producers got cheaper, trading to new contract lows.

The Stats Canada seeded acreage update was bullish canola and wheat.