# Food groups urge passage of USMCA

> A coalition of 67 food and agriculture associations and companies sent a letter to Congress urging ratification of the USMCA trade agreement. They cited a U.S. International Trade Commission analysis projecting a $68.2 billion GDP increase and $2.2 billion in added agricultural and food exports.

- Date: 2019-05-06 · published 2019-05-06T12:00:00.000Z
- Category: trade · region US · magnitude low
- Page: https://feedsoft.ai/events/59066-food-groups-urge-passage-of-usmca
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md), [DDGS](https://feedsoft.ai/c/DDGS.md)

## Why it matters

Ratification would secure expanded access for U.S. farm exports to Canada and Mexico, supporting demand for feed grains and oilseed products. Passage odds are a sentiment factor for corn and soybean export expectations.

## Read by commodity

- SOY: bullish ▲
- CORN: bullish ▲
- DDGS: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2025-12-03 | [NCGA Calls for USMCA Renewal](https://feedsoft.ai/events/21474-ncga-calls-for-usmca-renewal.md) | +0.7% | -0.4% |
| CORN | 2023-06-01 | [China’s imports of U.S. food on the rise - WEDC](https://feedsoft.ai/events/14834-china-s-imports-of-u-s-food-on-the-rise-wedc.md) | -2.2% | -3.2% |
| CORN | 2025-02-06 | [Mexico Lifts GM Corn Restrictions Following USMCA Panel Ruling](https://feedsoft.ai/events/26008-mexico-lifts-gm-corn-restrictions-following-usmca-panel-ruling.md) | +1.4% | -7.2% |
| CORN | 2026-05-14 | [Trump asks China to increase imports of US farm, food commodities \| S&P Global](https://feedsoft.ai/events/14581-trump-asks-china-to-increase-imports-of-us-farm-food-commodities-s-and-p-global.md) | -0.4% | -7.9% |
| CORN | 2021-05-11 | [China makes another large purchase of US corn  \| World Grain](https://feedsoft.ai/events/46955-china-makes-another-large-purchase-of-us-corn-world-grain.md) | -7.7% | -2.5% |
| SOY | 2023-06-01 | [China’s imports of U.S. food on the rise - WEDC](https://feedsoft.ai/events/14834-china-s-imports-of-u-s-food-on-the-rise-wedc.md) | +4.7% | +14.1% |
| SOY | 2026-04-25 | [Trump heads to China in May — US farm groups are in the dark](https://feedsoft.ai/events/14589-trump-heads-to-china-in-may-us-farm-groups-are-in-the-dark.md) | +2.1% | +2.8% |
| SOY | 2026-05-14 | [Trump asks China to increase imports of US farm, food commodities \| S&P Global](https://feedsoft.ai/events/14581-trump-asks-china-to-increase-imports-of-us-farm-food-commodities-s-and-p-global.md) | -1.3% | -8.2% |

## Sources

- feedstuffs.com: https://www.feedstuffs.com/agribusiness-news/food-groups-urge-passage-of-usmca

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