Canada’s dairy sector, which includes C$6 billion ($4.45 billion) in annual farmer milk sales, is protected by high tariffs on imports and controls on domestic production as a means of supporting prices. These policies are under scrutiny following the cancellation of contracts with 75 US dairy farms from 1 May. Jim Mulhern, president and CEO of the National Milk Producers Federation in the US, said: “Canada’s protectionist dairy policies are having precisely the effect Canada intended: cutting off US dairy exports of ultra-filtered milk to Canada despite long-standing contracts with American companies.” US President Trump voiced his support for the US dairy sector against unfair practices during a visit to Wisconsin last week. Spokespeople of both the Australian and New Zealand dairy industries said they would support a complaint of unfair trade practices against Canada lodged with the World Trade Organization (WTO). To read more, click HERE.
Published on Tue, 2nd May 2017 - 11:57