Agricultural negotiators at WTO elected Vangelis Vitalis, the New Zealand ambassador, to chair ag-trade discussions, the WTO announced.
Farm groups in Canada suspect they will face unfair competition from U.S. dairy and poultry producers if the proposed Trans-Pacific Partnership trade agreement opens the border to U.S. imports, says Commodity News Service, based in Winnipeg.
Trade officials from United States and Japan are to meet in Tokyo “to complete a bilateral agreement over access to Japan’s automotive and agricultural markets,” said the New York Times. The long-sought agreement is part of the wrap-up of the mammoth Trans-Pacific Partnership trade pact that …
On a party-line rollcall of 246-171, the House voted to send the Senate a bill to reauthorize the Commodity Futures Trading Commission. It would create new safeguards for customers' money and ease regulation of so-called end users.The customer safeguards are a reaction to the collapse of two large trading houses and are intended to preserve customers' accounts during financial upheavals.
The United States is frustrated with Canada "because it believes Ottawa promised greater foreign access to its dairy and poultry markets as a condition of joining" the Trans-Pacific Partnership trade talks, "and yet has offered nothing," reports the Toronto Globe and Mail.
Larger U.S. food and ag exports to Cuba are not assured despite President Obama's decision to normalize diplomatic relations and take steps to facilitate the sales, which must be made on the basis of cash in advance, say USDA economists.
A U.S. agricultural coalition said it hoped for an end to the U.S. trade embargo on Cuba now that the nations agreed to re-open embassies in each other's capital.
Brazil, second to the United States in food and agricultural exports, "is poised to become the foremost supplier in meeting additional global demand, mostly originating from Asia," says the OECD-FAO Agricultural Outlook 2015-2024.
President Obama's request for fast-track authority on trade agreements was in limbo after the House voted 302-126 against one of the elements of the package. That's a ratio of more than 2-to-1.