# 8 points from ERS corn report

> A farmprogress summary lists eight points from the USDA Economic Research Service report on US and Mexican corn. It notes US corn sales to Mexico averaged 15.1 million metric tons a year from 2016 to 2018, worth about $2.8 billion, and that USMCA would keep corn trade tariff- and quota-free.

- Date: 2019-07-23 · published 2019-07-23T12:00:00.000Z
- Category: report · region Mexico · magnitude low
- Page: https://feedsoft.ai/events/58064-8-points-from-ers-corn-report
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Confirmation that corn trade with Mexico stays tariff-free under USMCA supports steady export demand for US corn, a mild supportive factor for feed corn prices.

## Read by commodity

- CORN: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2023-08-28 | [Corn Weekly Report](https://feedsoft.ai/events/34583-corn-weekly-report.md) | -1.3% | -8.5% |
| CORN | 2020-12-11 | [Unexpectedly neutral USDA report lowers corn prices](https://feedsoft.ai/events/49580-unexpectedly-neutral-usda-report-lowers-corn-prices.md) | +1.9% | +11.2% |
| CORN | 2017-09-14 | [WEEKLY EXPORT REPORT: Soybeans flex, corn fails to follow](https://feedsoft.ai/events/68857-weekly-export-report-soybeans-flex-corn-fails-to-follow.md) | +1.9% | +4.4% |
| CORN | 2022-05-12 | [Corn, Soybean Production Numbers as Expected in May USDA Report](https://feedsoft.ai/events/41348-corn-soybean-production-numbers-as-expected-in-may-usda-report.md) | -0.3% | -0.9% |
| CORN | 2017-09-29 | [USDA Reports Flash](https://feedsoft.ai/events/68898-usda-reports-flash.md) | +3.1% | +2.4% |

## Sources

- farmprogress.com: https://www.farmprogress.com/corn/8-points-from-ers-corn-report

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