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CETA working as intended, federal government says

Meanwhile exporters continue to express concerns over its implementation

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Canada’s international trade minister said the country’s free trade deal with the European Union is working as intended. Mary Ng, Canada’s minister of small business, export promotion and international trade, made the comments in a joint statement with the European Commission. European officials met virtually with Ng on March 25 to discuss progress of implementing the Comprehensive
The Canadian Cattlemen’s Association says there are some gains into how Canada’s U.K. quota is administered, but pointed to a growing beef trade deficit.
News, Other

Feds consult on future of U.K. trade

The U.K. continuity deal, a planned bilateral trade agreement and the U.K.’s entry into CPTPP are all on the agenda

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The federal government wants to know what Canadians think of the United Kingdom joining its Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP). At the same time, it is also seeking opinions on entering a possible bilateral deal with the former European Union country. Canada’s trade with the U.K. is currently governed by the Canada-U.K. Trade Continuity Agreement
EU agriculture plan uneconomic, USDA model concludes
News

EU agriculture plan uneconomic, USDA model concludes

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[UPDATED: April 19, 2021] If implemented, the European Union’s (EU) Farm to Fork Strategy and Green Deal will cost the EU and the world, according to an economic model run by the United States Department of Agriculture (USDA). The EU is aiming to make agriculture more sustainable by cutting farm inputs such as pesticides and
Coceral cuts EU and U.K. soft wheat, rapeseed crop forecasts
Markets, News

Coceral cuts EU and U.K. soft wheat, rapeseed crop forecasts

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Grain trade association Coceral has cut its forecast of soft wheat production in the European Union and Britain to 141.5 million tonnes from 143.0 million seen in December but still well above last year’s harvest of 128.2 million tonnes. The reduction mainly stemmed from lower than previously expected sowings in Germany, Italy, and Hungary, it
German pig prices up again
Livestock Markets, Markets

German pig prices up again

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German pig prices have risen again as sales inside the EU help markets recover from Asian import bans on German pork, traders and industry sources said on Wednesday. German pig prices on March 3 rose to 1.40 euros a kg slaughter weight from 1.30 euros the previous week, said the association of German animal farmers
French wheat shipments outside EU rose in February
Grain Markets, Markets

French wheat shipments outside EU rose in February

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Reuters – French soft wheat shipments outside the European Union increased in February as loadings to Algeria and Morocco rose again, offsetting a lull in exports to China, an initial estimate based on Refinitiv data showed. Soft wheat exports by sea to destinations outside the EU and Britain came to 821,000 tonnes in February, the
Markets, News

EU raises 2020-21 wheat export forecast, cuts maize imports

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The European Commission has increased its forecast of common wheat exports from the European Union’s 27 member countries in 2020-21 to 27 million tonnes from 26 million projected last month. That remained well below the 36.9 million tonnes estimated for 2019-20, reflecting a sharp drop in harvest supply this season, the commission’s grain supply-and-demand data
A barley crop south of Ethelton, Sask. on July 30, 2019. (Dave Bedard photo)
Crops, Markets

China’s appetite for feed barley sucks in new crop from Canada, France

Tariff on Australian barley favours other suppliers

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Paris | Reuters — China’s buying spree of French and Canadian barley is spilling into the 2021-22 crop with large forward purchases, due to its major feed grain needs and a prohibitive tariff on Australian barley, traders and analysts said. China has been sweeping up huge volumes of foreign crops to help feed a pig
(PaulCowan/iStock/Getty Images)
Markets

U.K. to ask to join Trans-Pacific trading bloc ‘shortly’

Bilateral deals signed or in works with several CPTPP members

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London | Reuters — Britain will soon submit its application to join the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) trade bloc, trade minister Liz Truss said on Wednesday. Since deciding to leave the European Union, a process it completed at the end of 2020, Britain has been seeking out new trading arrangements around

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