CFA Applauds Signing Of Revised NAFTA

The Canadian Federation of Agriculture (CFA) is applauding this week's signing of a revised NAFTA agreement.

 

Officials from Canada, the U.S. and Mexico met in Mexico City to approve the deal.

 

"First and foremost we're happy to see that a deal is done," said CFA First Vice President Keith Currie. "This deal is better than no deal for sure. We want to make sure that we are able to continue our trade with our biggest trading partner, that being the United States of America."

 

He notes there are some cautions with what the dairy sector has had to give up.

 

"Certainly we don't want to see that happen in any future deals," commented Currie. "They have certainly had to compromise some of their market access. There's a little concern around the world-wide cap on exports of certain dairy products in this deal which is kind of unprecedented in a regional type of trade agreement. We want to make sure that we're able to keep this country reliable on access to global markets."

Video: $5 Corn, $12 Soybeans, $7 Wheat & $750 Canola! Is the Top In/Party Over?

$5 corn, $12 soybeans, $7 wheat & $750 canola! Is the top in and the party over with lower crude oil and an end to the Iran war?
The 2026 USDA May report could see ending stocks fall further due to red-hot U.S. corn exports, lower HRW production and lower Brazil corn production?
OK HRW wheat tour sees crop down 50% + Kansas Quality Council Wheat tour next week.
Headline news that U.S. could import Brazilian beef weighed on cattle futures.
Headline news of pseudorabies disease found in hogs in Iowa and #1 buyer Mexico may restrict exports weighed on hog futures.
Stocks are on fire.
5 senators are in China planning ahead of the Trump/Xi meeting on May 14/15. CFTC.