US Food and Drug Administration Recognizes Alignment of GLOBALG.A.P. Standard with the Food Safety Modernization Act Produce Safety Rule

US Food and Drug Administration Recognizes Alignment of GLOBALG.A.P. Standard with the Food Safety Modernization Act Produce Safety Rule “The GLOBALG.A.P. Integrated Farm Assurance (IFA) standard version 5.4-1-GFS for fruit and vegetables, plus the Food Safety Modernization Act (FSMA) Produce Safety Rule (PSR) add-on version 1.3, is now officially recognized by the US Food and […]

Consumer spending to soften in second half of 2023: Canadian Chamber of Commerce

Consumer spending to soften in second half of 2023: Canadian Chamber of Commerce “While consumer spending remained strong in the second quarter, it turned a corner after the Bank of Canada ended its pause on interest rate hikes, the Canadian Chamber of Commerce said. Consumer spending will likely slow noticeably in the second half of the year as […]

Canada’s inflation rate tumbles to 2.8% in June even as grocery prices remain high

Canada’s inflation rate tumbles to 2.8% in June even as grocery prices remain high “Canada’s inflation rate tumbled to 2.8% in June, putting it within the Bank of Canada‘s target range for the first time in more than two years. The deceleration was broad-based, though lower gasoline prices compared with last year led the slowdown, Statistics […]

UK signs accession protocol for trans-continental trade deal

UK signs accession protocol for trans-continental trade deal “Yesterday, UK officials signed the accession protocol, to join a multinational trade bloc that can open doors from Canada to Japan. Business and Trade Secretary Kemi Badenoch signed off on the UK’s looming membership of the transcontinental Comprehensive and Progressive Agreement for Trans-Pacific Partnership. The protocol brings […]

ProducePay and Four Star Fruit Partner on Industry-First Direct-to-Retail Fresh Produce Supply Chain Program for U.S. Grocers

ProducePay and Four Star Fruit Partner on Industry-First Direct-to-Retail Fresh Produce Supply Chain Program for U.S. Grocers “ProducePay, the marketplace transforming the global produce industry into a more connected and sustainable supply chain, and Four Star Fruit, one of the largest growers and shippers of table grapes, today launched the fresh produce industry’s first-of-its-kind direct-to-retail […]

Current Canadian Customs Tariff list released

Current Canadian Customs Tariff list released “The current Canadian Customs Tariff files show the tariff treatments from countries with which Canada has tariff arrangements as well as preferential tariff treatments for products coming from countries with which Canada has a free trade agreement. They are updated at least once a year, or whenever necessary. The […]

Agricultural exports Peru amounted to US$ 3.518 billion

Agricultural exports Peru amounted to US$ 3.518 billion “In the first five months of 2023, shipments amounted to US$3.518 billion, up 0.2% compared to the same period last year. A spokesperson of the Ministry of Agrarian Development and Irrigation (Midagri) said that the products that stood out in the ranking of agricultural exports in the […]

BoC raises key interest rate to 5%, expects slower return to inflation target

BoC raises key interest rate to 5%, expects slower return to inflation target “The Bank of Canada raised interest rates again on Wednesday (July 12) and released new projections that suggest it will take longer to get inflation back to 2%. The central bank hiked its key interest rate by a quarter of a percentage point, […]

2023 State of Controlled Environment Agriculture report released

2023 State of Controlled Environment Agriculture report released “IUNU announced the release of its 2023 State of CEA report. Since 2016, these reports have served as a resource for the CEA industry, focusing on the challenges and opportunities facing greenhouse operators. The purpose of the report is to look at the emerging trends, challenges, and […]