Rob Starr wrote As USMCA Replaces NAFTA, Who Will Be the Winners and Losers Among Small Businesses? for Small Business Trends.
Here are the agriculture portions.
U.S. Dairy Farmers will Benefit
Masterson also pointed out that American Dairy farmers won a victory as they gained more access to the Canadian markets. Under the new deal, a certain Canadian pricing class for domestic milk will be done away with and American dairy farmers get an extra 3.6% more accessibility to Canadian markets.
Michelle Klieger, the president of Stratagerm Consulting, added some specifics.
“In the new agreement, Canada will provide new access for U.S. dairy products, including for fluid milk, cheese, cream, butter, skim milk and powder, and that nation will also eliminate its tariffs on whey and margarine.”
Klieger also notes Canada is a big market for American winemakers to the tune of $1.1 billion in sales last year.
As Will U.S. Winemakers
“USMCA helps winemakers and increases access for US wines by eliminating unfair grocery store practices in British Columbia that put U.S. wines at a disadvantage,” she writes.