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U.S. and Mexican negotiators meet in Washington on June 16-17 for a second round of talks on agriculture and energy as part of efforts to revamp USMCA. President Trump has cast doubt on renewing the 32-year-old trade pact, which also includes Canada.
Mexico and Canada took more than $58.6 billion in US farm exports in 2025.
Uncertainty over USMCA threatens duty-free access to the largest US farm export markets, particularly Mexico's corn and Canada's ethanol demand. Any signal of tariffs or reduced access would weigh on US corn and related feed prices.
reuters.comDavid LawderJun 16, 2026After 683 past bearish trade events, Corn moved a median -0.2% over 5 sessions (47% higher; middle half -1.7% to +1.6%), and +0.3% over 20.
Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
