# US ethanol industry welcomes US-Mexico-Canada trade agreement - Biofuels International Magazine

> Growth Energy welcomed the signed USMCA trade agreement, which modernizes the prior pact and adds market access for US biofuels and co-products. It cites Mexico's planned 10% nationwide ethanol blend and Mexico as the largest destination for US DDGS.

- Date: 2019-12-11 · published 2019-12-11T12:00:00.000Z
- Category: trade · region Global · magnitude medium
- Page: https://feedsoft.ai/events/55575-us-ethanol-industry-welcomes-us-mexico-canada-trade-agreement-biofuels
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [DDGS](https://feedsoft.ai/c/DDGS.md)

## Why it matters

Improved access to Mexico and Canada supports US DDGS and ethanol export demand, which is supportive for corn and DDGS prices.

## Read by commodity

- CORN: bullish ▲
- DDGS: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2020-06-30 | [IL Corn Celebrates U.S. Mexico Canada Agreement for Trade Entry-into Force](https://feedsoft.ai/events/52566-il-corn-celebrates-u-s-mexico-canada-agreement-for-trade-entry-into-force.md) | +3.3% | -1.5% |
| CORN | 2025-01-06 | [Canadian grain industry welcomes ruling against Mexico's restrictions on GM corn - RealAgriculture](https://feedsoft.ai/events/26477-canadian-grain-industry-welcomes-ruling-against-mexico-s-restrictions-on-gm.md) | +4.1% | +5.3% |
| CORN | 2019-06-19 | [Mexico's Senate approves trade deal with US, Canada \| AP News](https://feedsoft.ai/events/58812-mexico-s-senate-approves-trade-deal-with-us-canada-ap-news.md) | +1.3% | -1.6% |
| CORN | 2018-08-29 | [USDA: New US-Mexico trade agreement supports crop biotechnology previously blocked by Mexico](https://feedsoft.ai/events/63507-usda-new-us-mexico-trade-agreement-supports-crop-biotechnology-previously.md) | +2.7% | +4.2% |
| 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% |

## Sources

- biofuels-news.com: https://biofuels-news.com/news/us-ethanol-industry-welcomes-us-mexico-canada-trade-agreement/

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