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Canada launches public consultations on tariff rate quotas for supply-managed goods

OTTAWA - Global Affairs Canada has launched public consultations on how it allocates and administers tariff rate quotas for a number of supply-managed poultry and dairy products.
 
The government is looking to hear from both individuals and organizations via an online questionnaire found on its website.
 
A tariff rate quota (TRQ) is an import mechanism that allows a certain amount of a specific product to be imported at a low or zero duty rate, while anything above that is generally charged a much higher rate.
 
The survey allows Canadians to choose from two dozen products to comment on, including chicken, eggs, cheese and butter.
 
It asks questions about what the preferred method of allocation would be for TRQs, whether new entrants should face different eligibility criteria, and whether there should be a cap on how much of the quota one allocation holder can receive.
 
Survey takers can weigh in on whether a portion of the allocation should be reserved for specific demographics or other categories, like women-owned businesses; whether transfers should be allowed; and what, if any, restrictions should be considered for auctions.
Source : FCC

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USDA took Trumps comments that China would buy more U.S. soybeans seriously and headline news that the U.S./China trade truce would be extended when Trump/Xi meet in the first week of April was a BIG WIN for soybeans this week! 2026 “Mini” U.S. ethanol boom thanks to 45Z + China’s ban of phosphates from Feb. – August of 2026 will not help lower fertilizer prices anytime soon! 30 mmt of Chinese corn harvest is of poor quality and maybe a technical breakout in wheat futures.

*Apologies! Where we talk about the latest CFTC update as of 10th Feb 2026, managed money funds covered their net short position in canola to the tune of +42,746 week-on-week to flip to net long 145 contracts and not (as we mistakenly said) +90,009 wk/wk to 47,408.