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Shining Light on Farm & Food Policy for 20 Years.
Sunday, January 26, 2025
The U.S., Canada and Mexico have agreed to at least two more rounds of negotiations to continue trying to rewrite the North American Free Trade Agreement.
When it comes to forging trade alliances around the globe, the European Union is moving at seemingly breakneck speed. The 28-country bloc is securing new and expanded markets in Asia, South America and North America at a time when the U.S. seems to be in neutral or even reverse.
Negotiations to rewrite the North American Free Trade Agreement entered a sixth round this week amid widespread concerns that without substantial progress, the 24-year-old pact among the U.S., Mexico and Canada could come to an end .
A possible merger between grain giants Archer Daniels Midland and Bunge would allow the companies to lower their costs by consolidating operations, but also would reduce competition in the ag marketplace, potentially hurting farmers already suffering from low commodity prices.
The Department of Agriculture released market-shifting reports on Friday, largely showing robust production in 2017 adding to an already solid amount of stocks on hand around the world.
The sometimes chilly relationship between the U.S. and Canada just dropped a few degrees with a new Canadian complaint to the World Trade Organization that parts of the U.S. system for international trade remedies are unfair.