# U.S. grain exports slide after Trump win batters peso - AgCanada

> Mexican buyers pulled back from US grain imports after the peso fell to an all-time low against the dollar following Donald Trump's election win. USDA data showed corn sales to Mexico dropped to 164,468 tonnes in the week ended November 10, down from 709,261 tonnes the week before.

- Date: 2016-11-18 · published 2016-11-18T12:00:00.000Z
- Category: trade · region Mexico · magnitude medium
- Page: https://feedsoft.ai/events/11923-u-s-grain-exports-slide-after-trump-win-batters-peso-agcanada
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Mexican Peso (MXN per USD)](https://feedsoft.ai/c/USDMXN.md)

## Why it matters

Mexico is the largest US corn buyer, so a sharp fall in its demand weighs on US corn export prices. The weaker peso raises import costs and could reduce Mexican feed demand.

## Read by commodity

- CORN: bearish ▼
- USDMXN: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2016-11-16 | [Grain exports slide after Trump win \| The Gazette](https://feedsoft.ai/events/12241-grain-exports-slide-after-trump-win-the-gazette.md) | +2.5% | +3.3% |
| CORN | 2024-02-01 | [U.S. grains: Soybeans slide on disappointing US export data; corn also down - AgCanada](https://feedsoft.ai/events/31703-u-s-grains-soybeans-slide-on-disappointing-us-export-data-corn-also-down.md) | -4.7% | -6.6% |
| CORN | 2019-12-18 | [U.S. grains: Prices slip after rallying on trade deal - Grainews](https://feedsoft.ai/events/9218-u-s-grains-prices-slip-after-rallying-on-trade-deal-grainews.md) | -0.1% | -1.9% |
| CORN | 2019-05-31 | [Mexican peso erases all its 2019 gains after Trump tariff threat](https://feedsoft.ai/events/59300-mexican-peso-erases-all-its-2019-gains-after-trump-tariff-threat.md) | -2.5% | +3.0% |
| CORN | 2025-01-31 | [US agricultural exports/imports threatened by Trump trade actions \| Reuters](https://feedsoft.ai/events/14689-us-agricultural-exports-imports-threatened-by-trump-trade-actions-reuters.md) | +0.5% | -3.5% |

## Sources

- agcanada.com: https://www.agcanada.com/daily/u-s-grain-exports-slide-after-trump-win-batters-peso

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.