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The Office of the US Trade Representative said the US and Mexico will hold a second USMCA negotiating round in Washington on June 16-17, including agriculture. Bilateral reviews run from May through July.
Outcomes of the talks could affect US corn, pork and soybean exports to Mexico, its largest corn buyer, so the review adds some trade uncertainty for feed grain and meal prices. No immediate price change is implied by the announcement itself.
spglobal.comSampad NandyMay 28, 2026After 480 past neutral trade events, Corn moved a median +0.2% over 5 sessions (54% higher; middle half -1.1% to +1.6%), and +0.7% over 20.
After 250 past neutral trade events, Soybeans moved a median +0.0% over 5 sessions (50% higher; middle half -1.4% to +1.6%), and -0.2% over 20.
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.
