Sour Milk? Dairy Supply Management and Implications for NAFTA Negotiations

The Conference Board of Canada, January 23, 2018 at 02:00 PM EST
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Canada’s system of dairy supply management has emerged as a major hurdle in the renegotiation of the North American Free Trade Agreement. Dairy trade groups in the United States are taking a very hard line against Canada’s policy, and the Trump administration has picked up on this position. The most recent U.S. demands called for Canada to eliminate its existing system within 10 years, a position that Canada has rejected.

Supply management has long been a controversial domestic issue in Canada. In this environment, however, the Canadian policy threatens to produce a breach that could affect our overall trading relationship with our most important trade partner. Fuelled by strong feelings on both sides of the border, dairy threatens to become an issue in which sovereignty may override economic and commercial concerns.

Understanding the U.S. perspective on Canada’s dairy supply management is an important step in formulating an effective Canadian strategy for negotiations. In this webinar, Dr. Andrew Novakovic will provide that perspective.

Dr. Novakovic is E. V. Baker Professor of Agricultural Economics at the Charles H. Dyson School of Applied Economics and Management at Cornell University. He is an expert in the economics of agricultural and food product markets, with a particular focus on dairy foods. This includes the economics of market coordination and pricing, the operation of food processing and marketing firms, and the economic regulation of marketing and pricing activities.

Join Dr. Novakovic for a webinar that illustrates how milk goes far beyond the breakfast table.

Webinar Highlights

During this webinar, Andrew will discuss:

  • Why dairy supply management is now a flashpoint in NAFTA negotiations, when it was not central to previous rounds of Canada-U.S. trade negotiations.
  • What the U.S. industry and the Trump administration are demanding of Canada, and why.
  • How the negotiations pertaining to this one sector could escalate into a dispute that threatens the negotiations, and what could result if it does.

About Andrew

Dr. Andrew Novakovic´ is the E.V. Baker Professor of Agricultural Economics in the Charles H.Dyson School of Applied Economics and Management at Cornell University, where he hasbeen since 1978. He also serves as the Dyson School Director of Land Grant Programs.

Dr. Novakovic’s expertise is in the area of the economics of agricultural markets and agricultural and food policy. His primary focus is applied research in the field of dairy market economics and educational programs for dairy sector leaders, analysts, and policymakers.

In 2010, Dr. Novakovic´ was appointed Chair of the ad hoc Dairy Industry Advisory Committee to the U.S. Secretary of Agriculture. Beginning in June 2011, he served one year in residence as a Senior Economist in the USDA Office of the Chief Economist, whose mission it is to advise the Secretary on agricultural, food, environmental, and trade policy. His part-time appointment with USDA continued through 2015.

A native of Wisconsin, Dr. Novakovic´ received a Bachelor's degree from the University of Wisconsin at River Falls and did his graduate work at Purdue University.

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Price: $199.00 (CAD)