GFM Network News


File photo of a pineapple field in Taiwan. (Bing-Jhen Hong/iStock/Getty Images)

Taiwan applies to join Pacific trade pact week after China

Taipei | Reuters — Taiwan has formally applied to join the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), the government said Wednesday, less than a week after China said it too had submitted an application. Taiwan has been angling to join the grouping for a while and had already been discussing the issue informally […] Read more

Beef is on display at a Walmart in Beijing on Sept. 23, 2019. (File photo: Reuters/Tingshu Wang)

China applies to join Trans-Pacific trade pact

Second-biggest economy seeks to add to economic clout

Updated, Sept. 17 — Beijing | Reuters — Japan said it would have to determine if China meets the “extremely high standards” of the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) after the world’s second-biggest economy formally applied to join. Commerce Minister Wang Wentao submitted China’s application to join the free trade agreement in […] Read more


File photo of a container vessel being unloaded at a U.K. port. (Sterling750/iStock/Getty Images)

Trans-Pacific trade partners agree for U.K. to start joining process

Tokyo | Reuters — Member nations of the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) on Wednesday officially agreed to allow the United Kingdom to start the process of joining the pact, Japan’s economy minister said. Japanese Economy Minister Yasutoshi Nishimura told reporters he welcomed the start of Britain’s joining process after hosting an […] Read more

File photo of a river container terminal facility at Liverpool, England. (DavidCPhotography/iStock/Getty Images)

U.K. aims to join Trans-Pacific Partnership

London | Reuters –– The United Kingdom announced on Wednesday it would pursue accession to a revamped version of the Trans-Pacific Partnership. “Today we’re announcing our intent to pursue accession to CPTPP, one of the world’s largest free trading areas,” Trade Secretary Liz Truss said. The British government said joining CPTPP would help the U.K. […] Read more


Stagnant access to Chinese markets will put more incentive on Canada’s exporters to develop new markets available to them through the CPTPP.

Dittmer: Exporting commodities is not always easy

Free Market Reflections with Steve Dittmer

The problems for Canada over Huawei’s Meng situation have grown more complex. The preliminary hearing, which was already scheduled for eight days, has morphed into a multi-week, perhaps multi-month, legal extravaganza. Arguments about possible co-ordination between the U.S. and Canada, possible violation of her legal rights and the possibility of her extradition even being dropped […] Read more

Wagyu beef on skewers at a Tokyo market. (Michal_Staniewski/iStock/Getty Images)

Japan deal levels field for U.S. beef, but sales surge unlikely

Tokyo/Chicago | Reuters — U.S. beef exporters, unhappy after President Donald Trump pulled out of a multilateral trade pact in 2017, stand to sell more meat in Japan after the U.S. leader and Japanese Prime Minister Shinzo Abe cut a deal to slice into tariffs. But agriculture experts say that for now, that boost may […] Read more


File photo of marbled Japanese beef on display at retail. (ES3N/iStock/Getty Images)

Japan set to grant TPP-level access for U.S. beef, pork

Tokyo | Reuters — The United States and Japan have reached the broad framework of a trade agreement, Japan’s Nikkei business daily said on Saturday, with Tokyo making concessions on its agriculture but none immediately apparent from Washington on automobiles. U.S. Trade Representative Robert Lighthizer and Economy Minister Toshimitsu Motegi reached the deal in Washington […] Read more

Beef production is expected to rise in 2019 to 27.810 billion pounds, up 3.3 per cent from 2018.

Record protein supplies again

Prime Cuts with Steve Kay

Americans will enjoy ample supplies of red meat and poultry this year. Total 2019 production is expected to reach a record 105.570 billion pounds, up 3.0 per cent on 2018, according to the U.S. Department of Agriculture’s Economic Research Service (ERS). This would exceed the expected 2.4 per cent increase in 2018 from 2017. ERS […] Read more


(Toa55/iStock/Getty Images)

Canadian dairies get significant control over imports under TPP

Toronto | Reuters — Canada will give local dairy processors significant control over imports under a new trade deal with Pacific countries that opens the sheltered industry to further competition, according to a notice published by the federal government, which drew criticism from Canadian retailers. New quotas created by the Comprehensive and Progressive Agreement for […] Read more

CCA Report: USMCA is good news

From the October 22, 2018 issue of Canadian Cattlemen

The Canadian Cattlemen’s Association (CCA) congratulates Prime Minister JustinTrudeau and Foreign Minister Chrystia Freeland on reaching an agreement that preserves and secures the duty-free access upon which the Canadian beef cattle sector has built over the past 25 years. This is particularly important as we enter the time of year when the majority of beef […] Read more