The Canadian Federation of Agriculture (CFA) is applauding this week's signing of a revised NAFTA agreement.

Officials from Canada, the U.S. and Mexico met in Mexico City to approve the deal.

"First and foremost we're happy to see that a deal is done," said CFA First Vice President Keith Currie. "This deal is better than no deal for sure. We want to make sure that we are able to continue our trade with our biggest trading partner, that being the United States of America."

He notes there are some cautions with what the dairy sector has had to give up.

"Certainly we don't want to see that happen in any future deals," commented Currie. "They have certainly had to compromise some of their market access. There's a little concern around the world-wide cap on exports of certain dairy products in this deal which is kind of unprecedented in a regional type of trade agreement. We want to make sure that we're able to keep this country reliable on access to global markets."

CFA is hoping to see the new trade agreement ratified as soon as possible.