# USMCA enters into force, renderers show support for increased trade | WATTAgNet | WATTPoultry.com

> USMCA has entered into full force, creating a new framework for North American trade. The renderers' group highlighted Mexico's agreement to allow US bovine meat and bone meal imports after years of delay. The agreement follows OIE science-based guidelines.

- Date: 2020-07-03 · published 2020-07-03T12:00:00.000Z
- Category: trade · region Mexico · magnitude medium
- Page: https://feedsoft.ai/events/52251-usmca-enters-into-force-renderers-show-support-for-increased-trade-wattagnet
- Commodities: [Meat & Bone Meal](https://feedsoft.ai/c/MBM.md)

## Why it matters

Access to Mexico for US bovine MBM supports export demand and US MBM prices. Cheaper feed for Mexican livestock and pet food producers could also expand overall feed demand.

## Read by commodity

- MBM: bullish ▲

## Sources

- wattagnet.com: https://www.wattagnet.com/home/article/15531398/usmca-enters-into-force-renderers-show-support-for-increased-trade-wattagnet

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.