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U.S. Ag Groups Put Forward Ideas for TPP Trade Agreement

U.S. Ag Groups Put Forward Ideas for TPP Trade Agreement

By Amanda Brodhagen, Farms.com

A coalition of 37 food and farm groups in the United States have outlined their key ideas for what they would like to see in the Trans-Pacific-Partnership (TPP) trade agreement.

The group listed seven principles which they say must be achieved in order to fulfill a high-quality trade agreement:

• Include all aspects of trade including – agriculture, goods and services, digital trade, competition policy and intellectual property;
• Don’t include exclusions on certain products or sectors. The group says exclusions would limit opportunities for member countries to spur jobs and economic growth;
• Phase out tariff and market barriers – with transition periods to have defined deadlines;
• Include consequences on sanitary-phytosanitary (SPS) issues;
• Provide a “Rapid Response Mechanism” to manage issues with perishable shipments such as agricultural products;
• Add an enforcement mechanism to enforce trade obligations beyond World Trade Organization consequences;
• All elements of negotiation must be included in one package, not on an individual basis

The 19th round of negotiations wrap up this week with - United States, Australia, Brunei, Canada, Chile, Japan, Malaysia, Mexico, New Zealand, Peru, Singapore and Vietnam.
 


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USDA took Trumps comments that China would buy more U.S. soybeans seriously and headline news that the U.S./China trade truce would be extended when Trump/Xi meet in the first week of April was a BIG WIN for soybeans this week! 2026 “Mini” U.S. ethanol boom thanks to 45Z + China’s ban of phosphates from Feb. – August of 2026 will not help lower fertilizer prices anytime soon! 30 mmt of Chinese corn harvest is of poor quality and maybe a technical breakout in wheat futures.

*Apologies! Where we talk about the latest CFTC update as of 10th Feb 2026, managed money funds covered their net short position in canola to the tune of +42,746 week-on-week to flip to net long 145 contracts and not (as we mistakenly said) +90,009 wk/wk to 47,408.