From the Hill -- the new trade agreement

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So Ziemer and others here say the opportunity to sell more dairy to Canada under the new U.S. -Mexico-Canada Agreement could help U.S. farmers, though marginally.

While those in the province's dairy industry are still awaiting more details on the new agreement, Brown said there are already concerns around market access, the industry's ingredient strategy, and limits on exports of products such as baby formula and skim milk powder.

“The program saturated the global market with subsidized skim milk powder and cut the demand from Canadian cheese makers for ultra-filtered milk from the U.S.,” Fischer said. "I'm going to really look into the effects on the dairy industry". "Until those tariffs come off, farmers won't see the full benefit of the new U.S. -Mexico-Canada agreement". Younger farmers are wondering if this will affect their industry long term.

Morneau told members of the Vancouver business community that the United States-Mexico-Canada Agreement means Canada is now the only country to have deals with all its G7 partners but will continue its efforts to diversify trade around the world, including with China.

The U.S. Trade Representative Robert Lighthizer and Canadian Foreign Affairs Minister Chrystia Freeland, said in a joint statement that the agreement "will strengthen the middle class, and create good, well-paying jobs and new opportunities for the almost half billion people who call North America home".

Monroe says the USA pork sector has been in expansion mode but the uncertainty we've seen around exports over the past year has inhibited investments. "They are dumping milk left, right and centre".

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"We've seen California farmers, ranchers and agricultural marketers lose sales because of the retaliatory tariffs from Canada, Mexico and in particular from China", he said. Some will wind up in teas; some will end up in yogurt.

Canadians and contributes some 20 billion dollars a year to Canada's gross domestic product.

"Cereal accounts for nearly 25 percent of the (milk) decline ... and we aren't going to be able to turn around the cereal industry", said Paul Ziemnisky, a vice president at Dairy Management Inc., a trade group that promotes dairy products. With the new deal, none of the countries that are part of the agrement will be able to import as many parts from overseas, and Robertson says this could make it hard for vehicle companies to keep consumer prices down.

Supply management has caused a rift inside Conservative ranks in Ottawa. First, it permits dairy farmers to band together into cartels to artificially limit production and drive up the price, something that is illegal if done by any other industry.

"Over the past year and a half, we have repeatedly heard our government state that it would stand up for the Canadian dairy sector".

"The threat of capricious auto tariffs has been lifted, stabilizing future investment" said Dias in a statement. The two sides have agreed to keep Chapter 19, NAFTA's dispute resolution mechanism, intact. Canada was able strike a deal with the United States at the 11th hour of a deadline Sunday night.