# Grain exports slide after Trump win | The Gazette

> Mexican demand for US grain slumped after Donald Trump's election win as the peso fell to an all-time low against the dollar. Buyers withdrew from the market, after Mexico bought 709,261 tonnes of US corn in the week before the election.

- Date: 2016-11-16 · published 2016-11-16T12:00:00.000Z
- Category: trade · region Mexico · magnitude medium
- Page: https://feedsoft.ai/events/12241-grain-exports-slide-after-trump-win-the-gazette
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md), [Mexican Peso (MXN per USD)](https://feedsoft.ai/c/USDMXN.md)

## Why it matters

Mexico is the second-largest buyer of Iowa corn, so a sustained drop in purchases weighs on US corn export demand and prices. The peso slump raises import costs and dampens buying.

## Read by commodity

- SOY: bearish ▼
- CORN: bearish ▼
- USDMXN: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2016-11-18 | [U.S. grain exports slide after Trump win batters peso - AgCanada](https://feedsoft.ai/events/11923-u-s-grain-exports-slide-after-trump-win-batters-peso-agcanada.md) | +2.1% | +4.0% |
| CORN | 2018-10-18 | [Ukraine reduces the rate of grain exports, as Russia is stepping up](https://feedsoft.ai/events/62390-ukraine-reduces-the-rate-of-grain-exports-as-russia-is-stepping-up.md) | -2.2% | -6.8% |
| CORN | 2024-01-31 | [Ukraine Grain Exports Reach Highest Levels Since the War Began](https://feedsoft.ai/events/14329-ukraine-grain-exports-reach-highest-levels-since-the-war-began.md) | -4.0% | -7.3% |
| CORN | 2019-12-09 | [The slow pace of exports lower corn prices](https://feedsoft.ai/events/9819-the-slow-pace-of-exports-lower-corn-prices.md) | -2.5% | +1.2% |
| CORN | 2019-01-22 | [Ukraine grain exports rise \| 2019-01-22  \| World Grain](https://feedsoft.ai/events/60946-ukraine-grain-exports-rise-2019-01-22-world-grain.md) | +0.7% | +0.5% |
| SOY | 2026-01-13 | [Argentina soybean exports forecast to rise \| World Grain](https://feedsoft.ai/events/13812-argentina-soybean-exports-forecast-to-rise-world-grain.md) | +1.9% | +8.7% |
| SOY | 2018-12-03 | [Trump’s trade war sees US soybean exports heading south](https://feedsoft.ai/events/61762-trump-s-trade-war-sees-us-soybean-exports-heading-south.md) | +1.7% | +0.0% |
| SOY | 2025-02-28 | [China’s yuan falls to 2-week low after Trump proposes extra tariffs on Chinese exports](https://feedsoft.ai/events/26290-china-s-yuan-falls-to-2-week-low-after-trump-proposes-extra-tariffs-on-chinese.md) | -0.9% | -0.6% |

## Sources

- thegazette.com: https://www.thegazette.com/nation-world/grain-exports-slide-after-trump-win/

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