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The North American Renderers Association is pushing the US government to challenge Mexico's application of a 16% VAT on US-origin rendered animal protein meals and other feed ingredients. The trade group argues the tax violates USMCA duty-free market access, and says Mexican domestic feed ingredients are not subject to the same tax.
A 16% levy on US rendered meals and feed inputs makes them less competitive in Mexico, which could shift demand toward domestic or other-origin protein meals and weigh on US meal export prices.
globalpetindustry.comThaís MatosMar 31, 2026Not enough comparable past events yet for a historical read.
After 224 past neutral trade events, Soybean Meal moved a median -0.2% over 5 sessions (43% higher; middle half -1.7% to +1.2%), 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.
