NewsMine — cabal-elite — globalization — trade — agribusiness — Viewing Item

US dumps cheap corn into market claims canada Original Source Link: (May no longer be active)    http://www.theglobeandmail.com/servlet/story/RTGAM.20060315.wcorn0315/BNStory/Business/home http://www.theglobeandmail.com/servlet/story/RTGAM.20060315.wcorn0315/BNStory/Business/home Canada firm on tariff ROMA LUCIW Globe and Mail Update It turns out the trade war between Canada and the United States extends beyond softwood lumber — into corn. The Canada Border Services Agency (CBSA) issued a final ruling Wednesday that imports of U.S. grain corn are being dumped and subsidized, confirming a preliminary investigation in December. Based on its final ruling, the CBSA imposed anti-dumping and countervailing duties of $1.65 bushel (U.S.) on U.S. grain corn imports. Grain corn from the U.S. accounts for nearly one-fifth of Canada's supply each year. Last year, imports amounted to approximately 85 million bushels, worth about $229-million (Canadian). Grain corn is used primarily as a livestock feed and as an ingredient in ethanol, corn syrup, starch and other products. Canadian cattle and hog farmers have complained the move will make it more expensive for them to feed their animals. Although Canadian corn producers maintain the subsidized U.S. corn has lowered the price they can charge for their crop, industrial corn users say their businesses will suffer because the duties will make American imported corn more expensive. A hearing is scheduled to begin Monday in Ottawa into whether Canadian corn producers have been negatively affected by the imports. A final decision is expected in mid-April. Canadian Corn Producers' spokesperson Brian Doidge said despite claims to the contrary by some corn users, the provisional duties put into effect in December have increased the price Canadian producers can charge for their grain corn. He expects a further increase in corn prices now that the levies have been made permanent.

40perc of eu budget is farm subsidies { October 2007 } Bush says gmo ban starves africa { May 22 2003 } Canadian ranchers see politics in beef ruling Congress farm bill subsidizes big farms { April 2008 } Developing world destroyed by american farm subsidies England accepts genetically modified agriculture { March 9 2004 } Farm bill apec drive Farm corps get fantastic sums of money from fed { October 23 2007 } Farms power helps break global trade talks { July 27 2006 } Free trade devastates mexican farmers { June 19 2003 } Free trade disaster for chile farmers { June 17 2003 } Haitians starve because of US subsidized rice { April 24 2008 } Japan will stop imports of US beef Mexican farmers nafta { December 28 2002 } Nafta hurts hundreds thousands mexican farmers { November 19 2003 } Nafta mexican farmers { December 4 2002 } Nafta plight on farmers North koreans protest US farm product flooding { April 2 2007 } Sugar farmers in florida fight cafta { July 6 2005 } Sugar is smallest crop with biggest money { September 4 2007 } United states offers to cut farm subsidies US allows more avocado imports from mexico { December 1 2004 } US dumps cheap corn into market claims canada US offers to cut its 13b in farm subsidies { June 30 2006 } US refuses to cut more farm subsidies { June 30 2006 } US sees no agriculture trade surplus in fiscal 2005 { November 23 2004 } Files Listed: 26

Correction/submissions

CIA FOIA Archive

National Security Archives

This site contains copyrighted material the use of which has not always been specifically authorized by the copyright owner. We are making such material available in our efforts to advance understanding of environmental, political, human rights, economic, democracy, scientific, and social justice issues, etc. We believe this constitutes a 'fair use' of any such copyrighted material as provided for in section 107 of the US Copyright Law. In accordance with Title 17 U.S.C. Section 107, the material on this site is distributed without profit to those who have expressed a prior interest in receiving the included information for research and educational purposes. For more information, go to: http://www.law.cornell.edu/uscode/17/107.shtml. If you wish to use copyrighted material from this site for purpose of your own that go beyond 'fair use', you must obtain permission from the copyright owner.