CANADA SLAPS PROVISIONAL ANTI-DUMPING DUTY ON U.S. CORN

Will remain at least into mid-March

The Canadian Border Services Agency (CBSA) this week came to a preliminary decision that finds the U.S. is dumping subsidized unprocessed corn, but determined processed corn did not violate the anti-dumping statutes. The decision leads to a provisional anti-dumping duty on U.S. corn moving into Canada of 58 cents per bushel and a countervailing duty of $1.07 per bushel. The duties cover goods moving into Canada beginning Dec. 15, 2005 and ends when the CBSA terminates its investigation. That decision is expected by March 15, 2006. The Canadian International Trade Tribunal begins its inquiry into potential injury to Canadian industry, with a decision expected by April 14, 2006.