# Congress seeks delay on USMCA implementation

> Lawmakers are seeking a delay in implementing the USMCA trade pact because COVID-19 may disrupt companies' ability to meet the timeline. The concern is that exchange letters may not be signed by April 1, which would push back the planned June implementation.

- Date: 2020-03-31 · published 2020-03-31T12:00:00.000Z
- Category: policy · region North America · magnitude low
- Page: https://feedsoft.ai/events/54104-congress-seeks-delay-on-usmca-implementation
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Sorghum](https://feedsoft.ai/c/SORGHUM.md)

## Why it matters

A delayed USMCA would prolong uncertainty over zero tariffs on US corn, sorghum and ethanol exports to Mexico and Canada. Any slip in the timeline removes a near-term support for feed grain export demand.

## Read by commodity

- CORN: neutral
- SORGHUM: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2017-02-06 | [Groups Line Up Arrows at EPA Over RFS Implementation](https://feedsoft.ai/events/72362-groups-line-up-arrows-at-epa-over-rfs-implementation.md) | -0.0% | +1.3% |
| CORN | 2022-02-21 | [EU: Member states call for delay of EU anti-deforestation law - Business and Human Rights Centre](https://feedsoft.ai/events/42740-eu-member-states-call-for-delay-of-eu-anti-deforestation-law-business-and-human.md) | +2.1% | +15.0% |
| CORN | 2018-06-26 | [EPA Proposes Biofuel Requirements for 2019; On Track to Meet Congressional Deadline \| U.S. EPA News Releases \| US EPA](https://feedsoft.ai/events/64401-epa-proposes-biofuel-requirements-for-2019-on-track-to-meet-congressional.md) | -2.3% | -3.5% |
| CORN | 2024-07-24 | [EP. 46 - Defending Biotech Corn on the International Stage: An Update On the USMCA Dispute Over Mexico’s Ban](https://feedsoft.ai/events/29235-ep-46-defending-biotech-corn-on-the-international-stage-an-update-on-the-usmca.md) | -1.8% | -4.4% |
| CORN | 2020-01-27 | [Chinese Grain Trade Waiting on Official Rules, Guidance on How to Implement Trade Deal](https://feedsoft.ai/events/54946-chinese-grain-trade-waiting-on-official-rules-guidance-on-how-to-implement.md) | -1.2% | -1.8% |

## Sources

- feedstuffs.com: https://www.feedstuffs.com/agribusiness-news/congress-seeks-delay-on-usmca-implementation

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