supply management
While U.S. dairy farmers face a bleak market, their Canadian counterparts thrive
Dairy farmers in Canada are paid about $24 per hundred pounds of milk, nearly $10 more than their American counterparts, who may live mere miles to the south.
Canadian dairy quotas violate USMCA terms, dispute panel rules
In the first decision under the new North America trade pact, a three-judge dispute settlement panel ruled that Canada had manipulated its tariff-rate quotas to limit imports of U.S. dairy products, despite agreeing to greater U.S. access in the 2020 agreement. Agriculture Secretary Tom Vilsack said the ruling was a signal of U.S. resolve against unjustified trade restrictions anywhere.