Trade and U.S. leadership in the global economy have been hot topics during a busy last week, including the renegotiations of the North American Free Trade Agreement (NAFTA) in Canada, opening talks in modernizing the United States–Korea Free Trade Agreement (KORUS), the World Economic Forum in Davos, Switzerland, and President Donald Trump’s State of the Union speech.
The sixth round of NAFTA negotiations ended in Montreal with no firm conclusions but with commitments to come back to the table in late February for a seventh round in Mexico City.
The sixth round of negotiations on the modernization of the North American Free Trade Agreement (NAFTA) is happening this week, with U.S. Grains Council (USGC) staff leadership on the ground in Montreal to share the importance of NAFTA relationships to exports of U.S. coarse grains and co-products.
The World Trade Organization’s (WTO’s) 11th Ministerial Conference in Buenos Aires, Argentina, this week did not result in major outcomes that will guide the future of the global trade body but did offer a strong statement of support for farmers’ access to the best available technology and a useful backdrop for a business meeting of MAIZALL, the international maize alliance.
The government of Ontario announced last week proposed changes to provincial biofuels regulations, which includes doubling the five percent ethanol mandate to 10 percent by 2020.
Negotiators from the United States, Canada and Mexico completed the fifth formal round of negotiations for the North American Free Trade Agreement (NAFTA) before Thanksgiving in Mexico City, with accelerated discussions reflecting the urgency to conclude negotiations in early 2018.
Leaders of the U.S. Grains Council (USGC) and the U.S. Soybean Export Council (USSEC) called for the continuation of strong partnerships built under the framework of the North American Free Trade Agreement (NAFTA) and other Western Hemisphere free trade agreements while at a joint regional buyers conference this month in Mexico.
A short hour north of the Montana border, the U.S. Grains Council (USGC) is exploring the geographic advantage of unit trains carrying U.S. corn and distiller’s dried grains with solubles (DDGS) to Canadian feedlots around Lethbridge, Alberta.
Three ethanol trade teams consisting of ministry and industry delegates traversed the U.S. ethanol value chain from the field to the pump ahead of the Ethanol Summit of the Americas. The three teams included representatives from 12 countries that explored the U.S. ethanol industry in Missouri, South Dakota and Ohio.
The fourth round of negotiations on a revised North American Free Trade Agreement (NAFTA) began in Washington, D.C., this week with a flurry of engagement between government and industry players as tensions on all sides appeared to increase.