
USTR submitted its 2025 National Trade Estimate report, which lists trade barriers in 59 countries including Mexico. For Mexico, it flags non-tariff barriers, customs inconsistencies and short-notice procedural changes that hinder US exporters.
Highlights friction in US-Mexico agricultural trade that could lead to retaliation or tighter access, a modest risk to US grain and meat export flows to a key buyer.
After 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.
After 384 past bearish trade events, Soybean Meal moved a median -0.2% over 5 sessions (47% higher; middle half -1.7% to +1.6%), and -0.5% 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.