# Trade Negotiations, Policy Implementation Continue Amid COVID-19 - U.S. Grains & BioProducts Council

> The US Grains Council says USMCA implementation is nearly complete, with Congress notified on April 24 and entry into force expected July 1, 2020. Mexico was the top buyer of US corn, barley and DDGS in 2018/19, and the agreement keeps zero tariffs on coarse grains and ethanol.

- Date: 2020-05-14 · published 2020-05-14T12:00:00.000Z
- Category: trade · region North America · magnitude medium
- Page: https://feedsoft.ai/events/53111-trade-negotiations-policy-implementation-continue-amid-covid-19-u-s-grains-and
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [DDGS](https://feedsoft.ai/c/DDGS.md), [Barley](https://feedsoft.ai/c/BARLEY.md), [Sorghum](https://feedsoft.ai/c/SORGHUM.md)

## Why it matters

Preserving zero tariffs and secure access to Mexico and Canada supports US demand for corn, DDGS, barley and sorghum, which is supportive for those prices.

## Read by commodity

- CORN: bullish ▲
- DDGS: bullish ▲
- BARLEY: bullish ▲
- SORGHUM: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2019-11-14 | [USDA Trade Mission Emphasizes Importance Of Mexican Market - U.S. Grains & BioProducts Council](https://feedsoft.ai/events/56024-usda-trade-mission-emphasizes-importance-of-mexican-market-u-s-grains-and.md) | -0.9% | -2.6% |
| CORN | 2020-04-02 | [Chart Of Note: U.S. Corn Sales To China Show Continued Activity Following Phase 1 Trade Deal - U.S. Grains & BioProducts Council](https://feedsoft.ai/events/53506-chart-of-note-u-s-corn-sales-to-china-show-continued-activity-following-phase-1.md) | -1.1% | -8.6% |
| CORN | 2018-10-04 | [New U.S.-Mexico-Canada Agreement Preserves Market Access, Improves Trade Logistics To Top U.S. Grain Markets - U.S. Grains & BioProducts Council](https://feedsoft.ai/events/62508-new-u-s-mexico-canada-agreement-preserves-market-access-improves-trade.md) | -1.5% | -1.1% |
| CORN | 2018-09-24 | [Council Promotion Efforts Lead To Expansion In U.S. Ethanol Exports - U.S. Grains & BioProducts Council](https://feedsoft.ai/events/63022-council-promotion-efforts-lead-to-expansion-in-u-s-ethanol-exports-u-s-grains.md) | +0.7% | +2.6% |
| CORN | 2026-04-08 | [U.S. Corn Secures Continued Access to $5 Billion Mexican Corn Export Market - U.S. Grains & BioProducts Council](https://feedsoft.ai/events/19671-u-s-corn-secures-continued-access-to-5-billion-mexican-corn-export-market-u-s.md) | -1.0% | +2.9% |

## Sources

- grains.org: https://grains.org/trade-negotiations-policy-implementation-continue-amid-covid-19/

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