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Following the annual general meeting of the Dairy Farmers of Canada (DFC), which brought together some 200 dairy farmers from across the country in a virtual format, dairy farmers expressed concern that they have waited over a year for an announcement on the compensation owed for losses related to recent international trade agreements.
Canada-U.S.-Mexico Agreement (CUSMA) was ratified by Canada in March 2020 and came into force as of July 1. The Canadian dairy industry generally has a defensive interest relative to CUSMA, with great sensitivity to dairy market access concessions that pile on other recent trade agreements, along with important provisions impacting classified milk pricing and exports of skim milk powder and milk protein concentrate, and little practical ability to respond to access to the U.S. market provided under CUSMA.
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