The Alberta Wheat Commission is behind the Trans-Pacific Partnership deal.

They say it holds the potential for expanded market opportunities in key wheat export markets.  

Among the 12 signatories to the TPP, three countries are major customers of Canadian wheat, three others buy significant quantities on an annual basis and two countries are major competitors.

The deal also includes countries with emerging markets that could further enhance international wheat trade.

“Japan, the United States and Mexico purchase an approximate three million tonnes combined of Canadian wheat per year, while the U.S. and Australia are major competitors in export markets such as Japan,” said Kent Erickson, Chairman, Alberta Wheat Commission. “Canada could not afford to remain on the sidelines and risk losing ground in key markets.”

Japan is a premium market for Canadian wheat with average sales

The Commission says it looks forward to reviewing the details of the agreement.