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The USDA confirmed USMCA will enter into force on July 1, 2020, after Canada and Mexico met their commitments. The National Sunflower Association said duty-free access for sunflower oil, meal and seed in those markets is preserved.
Secure duty-free access to Canada and Mexico supports trade flows for sunflower meal and oil, a modest positive for feed protein demand.
sunflowernsa.comApr 27, 2020Not 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.
