Reading Time: 2 minutes London | Reuters — Louis Dreyfus Commodities is ring-fencing its crop inputs, metals, juice and dairy units and is considering options ranging from joint ventures to the sale of certain assets, a senior company source said. In December, Reuters reported the trade house had been seeking buyers for its juice and fertilizer units for some […] Read more
Louis Dreyfus ring-fences some units, considers options
Market access, income supports come with Trans-Pacific pact
Reading Time: 5 minutes Canada’s federal government has pledged a suite of compensation programs for supply-managed dairy, poultry and egg sectors, against what it promises will be a mousehole in Canada’s tariff wall. Federal officials on Monday confirmed negotiations have concluded on the multilateral Trans-Pacific Partnership, now billed as “the largest, most ambitious free trade initiative in history.” The […] Read more
Election shifts attention to trade deal as race narrows
Reading Time: 2 minutes Ottawa | Reuters –– Trailing in second place with two weeks left before Canada’s election, Conservative Prime Minister Stephen Harper announced a new trade deal Monday that largely protects the key agricultural voting bloc, putting pressure on opponents who had hoped to have more to attack. Harper touted the Trans-Pacific Partnership as a good deal […] Read more
TPP trade ministers push to wrap up ambitious trade deal
Reading Time: 2 minutes Atlanta | Reuters — Pacific trade ministers readied on Wednesday to close the biggest trade deal in a generation but warned there was still work to be done on issues ranging from intellectual property to trade in dairy and automobiles. Australian Trade Minister Andrew Robb said ministers from the 12 countries negotiating the Trans-Pacific Partnership […] Read more
Canada to pay farmers for any losses under TPP deal, Ritz says
Reading Time: 2 minutes Reuters — Canadian farmers will receive government compensation for any losses resulting from a Trans-Pacific Partnership (TPP) trade deal, the country’s agriculture minister said Wednesday in a discussion about the nation’s protected farm sectors. The U.S., New Zealand and Australia want Canada to start dismantling a system of supply and import controls over dairy, poultry […] Read more
Japan anxious at lull in Trans-Pacific trade talks
Reading Time: 2 minutes Tokyo | Reuters — Japan has expressed concern about a loss of momentum in talks on a pan-Pacific trade pact, after participants failed to agree to meet again this month to try to clinch a deal that would cover 40 per cent of the global economy. Ministers from the 12 nations negotiating the Trans-Pacific Partnership […] Read more
Dairy farmers milk politics of Pacific trade pact
Reading Time: 3 minutes Reuters — New Zealand dairy farmers have a message for their Canadian counterparts, who worry a Pacific trade deal will throw them on the mercy of world markets and devastate their industry: It’s not so bad. But heavily protected Canadian farmers have reason for skepticism. A deadlock over dairy has emerged as one of the […] Read more
Japan wants N.Z. to make realistic offer on dairy goods
Reading Time: < 1 minute Tokyo | Reuters –– Japan wants New Zealand to offer realistic proposals on dairy products as part of 12-nation talks on a pan-Pacific trade agreement, a Japanese negotiator said Tuesday. Ministers failed last Friday to clinch a Trans-Pacific Partnership (TPP) deal to free up trade after a dispute flared up over auto trade between Japan […] Read more
TPP talks fail to end in deal
Reading Time: 2 minutes "The U.S. was on one side of the issue, while practically every other country were on the other side."
TPP — NZ wants dairy concessions from the U.S.
Reading Time: 2 minutes Lahaina, Hawaii, July 28 (Reuters) – The United States, Canada and Japan have to make concessions on dairy trade before a wider Pacific trade deal can be wrapped up, New Zealand’s agricultural trade envoy said on Tuesday. Mike Petersen, a farmer who represents the interests of New Zealand agriculture, said the dairy part of the […] Read more
A message from April Stewart, Country Guide's Associate Editor
