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The National Corn Growers Association president testified to USTR that USMCA has made US corn growers more competitive and should be extended for 16 years. He cited roughly $5.5 billion in corn exports to Mexico and $1.5 billion in ethanol exports to Canada, and noted the first joint review must begin by July 2026.
USMCA renewal uncertainty is a risk to US corn and ethanol export access to Mexico and Canada, which underpins feed grain and DDGS demand. Continuity supports US corn basis and export pricing.
ncga.comNational Corn Growers AssociationDec 3, 2025After 729 past bullish trade events, CORN moved a median +0.4% over 5 sessions (56% higher; middle half -1.1% to +1.8%), and +0.5% 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.
