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The Mexican peso paused its rally to its strongest level in nearly two years after reports that US President Donald Trump was considering withdrawal from the USMCA trade pact. The move reflected renewed trade-policy risk for North American commerce.
Risk of USMCA withdrawal threatens tariff-free grain, meal and livestock flows between the US and Mexico, a key corn and feed market. A weaker peso would also raise Mexican import costs in dollar terms.
bloomberg.comKelsey ButlerFeb 11, 2026After 439 past neutral policy events, CORN moved a median +0.1% over 5 sessions (51% higher; middle half -1.3% to +1.2%), and +1.1% 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.
