# Secretary Perdue Statement on Senate Passage of USMCA

> US Agriculture Secretary Sonny Perdue welcomed Senate passage of the USMCA by a vote of 89 to 10 on January 16, 2020. The trade pact now goes to President Trump for signature. Perdue said Canada and Mexico are the first and second largest export markets for US food and agricultural products.

- Date: 2020-01-16 · published 2020-01-16T12:00:00.000Z
- Category: policy · region US · magnitude low
- Page: https://feedsoft.ai/events/55050-secretary-perdue-statement-on-senate-passage-of-usmca
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Passage removes uncertainty over NAFTA successor terms and supports continued access to Mexico and Canada for US farm exports. The immediate price impact is modest because the deal largely preserves existing tariff-free trade.

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2020-12-16 | [Secretary Perdue Applauds USDA’s 2020 Accomplishments \| USDA](https://feedsoft.ai/events/49634-secretary-perdue-applauds-usda-s-2020-accomplishments-usda.md) | -2.0% | +15.9% |
| CORN | 2019-11-18 | [Durbin Statement On USDA Second Round Of Trade Aid Payments \| U.S. Senator Dick Durbin of Illinois](https://feedsoft.ai/events/56046-durbin-statement-on-usda-second-round-of-trade-aid-payments-u-s-senator-dick.md) | +0.0% | +2.0% |
| CORN | 2021-04-16 | [Letter to Ambassador Tai and Secretary Vilsack on USMCA and Mexico \| IATP](https://feedsoft.ai/events/47589-letter-to-ambassador-tai-and-secretary-vilsack-on-usmca-and-mexico-iatp.md) | +5.1% | +18.3% |
| CORN | 2024-06-21 | [Ag Secretary Vilsack Has A Clear Message For Farm-State Lawmakers On Passing A New Farm Bill: 'Get Realistic' - AgWeb](https://feedsoft.ai/events/29763-ag-secretary-vilsack-has-a-clear-message-for-farm-state-lawmakers-on-passing-a.md) | -5.5% | -8.4% |
| CORN | 2018-02-06 | [Sec. Perdue Briefs House Agriculture Committee on State of Rural Economy \| House Agriculture Committee](https://feedsoft.ai/events/66478-sec-perdue-briefs-house-agriculture-committee-on-state-of-rural-economy-house.md) | +1.3% | +3.3% |

## Sources

- usda.gov: https://www.usda.gov/about-usda/news/press-releases/2020/01/16/secretary-perdue-statement-senate-passage-usmca

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