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ThePigSite Latest News
Friday, April 21, 2006
Print This Page Canada Lifts Duty On US Grain Corn
CANADA - The Canadian International Trade Tribunal (CITT) ruled yesterday that unprocessed U.S. grain corn imported into the country have not injured Canada's domestic corn industry.The $1.65 per bushel duty that had been imposed on the grain will be lifted immediately, and all provisional duties collected will be refunded.
An American coalition, including NCGA, U.S. Grains Council, Corn Refiners Association and American Farm Bureau Federation, testified before the CITT in February, stating that evidence does not show Canadian growers have been injured by imports of grain corn from the United States. In fact, according to NCGA, the evidence showed that imports of U.S. corn to Canada declined substantially from 2002 to 2005.
The coalition claimed the prior CITT ruling did not meet the legal standards for imposing antidumping or countervailing duties under Canada's Special Import Measures Act, and that CITT's preliminary determination was inconsistent with international trade rules.
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Source: Agriculture Online
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