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The US Trade Representative said it will ask the International Trade Commission to monitor unfair trade practices in seasonal and perishable product imports from Mexico. USTR Robert Lighthizer wrote that within 60 days of the USMCA's effective date he will offer a corrective action plan that could lead to anti-dumping investigations, and hearings with US producers are planned in Florida and Georgia.
Possible anti-dumping action on Mexican produce could disrupt cross-border agricultural trade and prompt Mexican retaliation or counter-moves. The direct effect on feed commodities is limited, since the story centers on fresh produce rather than grains or meals.
mexicobusiness.newsFeb 20, 2020After 1,982 past trade events, Corn moved a median +0.1% over 5 sessions (52% higher; middle half -1.3% to +1.6%), and +0.4% 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.
