Canada opened its dairy market. But by how much?

Hoosier dairy farmers remain hopeful additional markets will open despite a surplus of milk at home. Brock Turner  WFIU-WTIU News

The deal would give USA farmers more access to the protected Canadian dairy market.

KIRWAN: Heinze cites issues like the nonstop growth of US milk production and the disconnect between what farmers receive for their milk and prices at the grocery store.

"We've been looking for some good news for quite some time in the trade department for agriculture". American dairy farmers often suffer from overproduction, resulting in family farms going broke because they have nowhere to sell their milk.

Federation President Zippy Duvall says President Trump's approval of the modernized U.S. -Korea Free Trade Agreement preserves a two-way trade relationship that greatly benefits America's farmers and ranchers. "And that gives us an opportunity to continue to do business with the companies that are looking for USA dairy products". The Dairy Farmers of Canada objected to this, but the once-obscure dairy classification had become a lightning rod of discontent for U.S. President Donald Trump.

The American Dairy Coalition (ADC) is a farmer-led national lobbying organization of progressive, modern dairy farmers.

Aside from certain producers and online shoppers not having to pay duties on purchases up to $150, Groom said most Albertans won't see the effects of the new deal immediately.

"The government has said repeatedly that it values a strong and vibrant dairy sector - they have once again put that in jeopardy by giving away more concessions".

"Not only should we demand the highest possible labor and environmental standards, but ensure they are fully enforceable - a standard which many of our past trade agreements have not met", said Kind, D-La Crosse.

"Any of us that have invested in new barns to meet the needs of the Canadian consumer are not going to be able to fill those barns because the market is gone", says Paul Gaunce.

The new trade deal between the U.S., Mexico and Canada could change the prices on the next vehicle you drive, the medicine you take, and the milk you drink.

Some have characterized the side letter as effectively establishing a quota on the number of autos that can be exported to the USA - anathema to the very principles of free trade.

"TPP, the Asian agreement, and the European agreement, we're down 10 per cent in the a year ago, so, it's the number of cows but it's also, our net income is down 10 per cent".

No longer called NAFTA, the new United States-Mexico-Canada Agreement, or USMCA, was announced Sunday night.

Graeff explains that increased access to the Canadian market comes through tariff rate quotas, phased in over a 19-year period.

Warren Graeff, agriculture banking market manager for PNC Bank, says “ultimately the news appears friendly to the USA dairy industry.” PNC has about 2,600 branches spread across 19 states, including several in Madison and Milwaukee.

The terms reached between the US and Mexico on higher wage thresholds will also be positive for Canadian producers, said Unifor president Jerry Dias, who welcomed the deal.

"We have always been at the forefront of the fight for fair trade that puts family farmers and ranchers on an even playing field with corporations and the rest of the world", the statement said.

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