With the U.S. and Japan working on a new, bilateral trade agreement, the University of Guelph has experts who can speak about what a new deal might mean for Canadian growers and producers.
The potential trade deal between the two economic powerhouses could see Japan cut tariffs on several American agricultural exports, including beef, pork, dairy products, which could greatly impact Canadian producers.
Prof. Mike von Massow, a food economist in U of G’s Department of Food, Agricultural and Resource Economics (FARE), can discuss how the proposed trade deal might affect Canadian meat producers.
Von Massow recently spoke with CBC Business and told them that while Canadian agri-food producers gained an advantage when the Comprehensive and Progressive Trans-Pacific Partnership (CPTPP) was struck a year ago, they risk losing that advantage if the U.S. and Japan strike their own deal.
Von Massow studies structure and performance of food value chains, management science and operations, and other aspects of food economics.
Prof. Simon Somogyi, the Arrell Chair in the Business of Food, can also comment on how the potential bilateral trade deal might affect meat and other food prices.
Somogyi is the co-author of Canada’s Food Price Report and studies agri-food value chains and international market development. He is a faculty member in the School of Hospitality, Food and Tourism Management and studies agri-food value chain management and agribusiness marketing management.
Prof. Mike von Massow
Prof. Simon Somogyi