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US seeks antidumping duties on Canadian wheat

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    US seeks antidumping duties on Canadian wheat

    US farmers seek antidumping duties on Canadian wheat


    2002-09-13 22:52:37 GMT (Reuters)

    WASHINGTON, Sept 13 (Reuters) - A North Dakota wheat group on Friday said it has asked the Bush administration to slap duties ranging up to 25.5 percent on imports of Canadian wheat to offset unfair trade practices.

    The North Dakota Wheat Commission filed the petitions asking for protection against the allegedly "dumped" and subsidized imports with the U.S. Commerce Department and the U.S. International Trade Commission (ITC).

    Earlier this year, the U.S. Trade Representative's office turned down the wheat group's request for restrictions on Canadian wheat imports under another provision of U.S. trade law known as "Section 301."

    But it urged the North Dakota growers to pursue antidumping and countervailing duties against the imports as part of a four-pronged approach aimed at ending the Canadian Wheat Board's monopoly on Canadian wheat exports.

    "We can compete with Canadian farmers, but not against the unfair pricing of the Canadian Wheat Board," NDWC Chairman Larry Lee said in a statement

    "If Canada's government monopoly is allowed to continue to take wheat from Canadian farmers and sell it for whatever price it wishes to set, while we attempt to sell our wheat on the open market for a fair value, the U.S. farmer will be left behind," Lee said.

    An NDWC spokeswoman said the group was asking for antidumping duties of 9 percent on Canadian durum wheat and 12 percent on hard red spring. It is seeking additional countervailing duties of 14.7 to 25.5 percent, she said.

    The Commerce Department has 20 days to decide whether to accept the petition. If it does, the ITC has another 25 days following that to determine whether the imports have materially harmed or threaten to materially harm U.S. producers.

    If the petition clears both those hurdles, the Commerce Department must calculate the level of duties needed to offset the allegedly unfair pricing and subsidies. A final ITC vote on injury is required for the duties to take force.

    The antidumping and countervailing duty investigations can take six months or longer from beginning to end.

    #2
    Larry,

    It does seem rather strange for Canada to "spit in the face" of probably our best wheat customer, the US.

    The Iraq wheat commitment is such a move, as it does seem pointless for Canada to import wheat from the Black Sea/Russian region, then ship wheat right back to Iraq...

    It just proves that the government of Canada really does not care about the useage of this planets limited resourses, the issues Chretien brought up a few days ago about 9-11... are very much issues Canada is guilty of...

    Meanwhile we the people of Canada pay for the arrogance and insults our "statesmen" proclaim on our behalf...

    Larry, when the CWB puts out a press release, I have got to the point that I automatically assume the opposite is occuring,... as they seem to try to spin everything to their "self interested" promotion of the Monopoly.

    Now truly, isn't it possible the CWB has been selling wheat for the past week... when they told everyone they would not? Wouldn't this be "monopoly" profit taking to make up for earlier losses and mistakes???

    Comment


      #3
      I don't have to tell you Tom, that this business is 85% politics and 15% protein.

      Not much has changed since Socrates gave us this quote circa 330BC.

      Let no man become a Statesman until he understands the politics of wheat.

      The challenge for you, my friend, is to repatriate the right side of this industry because everyone has become so radical that government is not listening to anyone - the right nor the left.

      We need some semblance of balance in this industry and it has been too long in coming.

      Comment


        #4
        Looks to me like the Wheat Board has Bin Ladin boats with wheat and will send them to Iraq, which of course is much better than getting American Dollars from good paying US customers. This way, the wheat will be sold on credit, and the Canadian taxpayer can start paying interest on the loan to Iraq. Think of all that interest for the pooling accounts that those Directors can shift around. Some to the durum pool. Some to the barley pool. Probably have to hire a few more staff to get it sorted out properly and a few more to audit to make sure the numbers are right, and a few more staff to speak the Iraq language.........................This is big business.

        Parsley

        Comment


          #5
          Phone the cops we've bin hadin again by the Crime wave board (CWB).

          Comment

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