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The US, Canada and Mexico reached an agreement to update NAFTA as USMCA, keeping zero tariffs on agricultural products that were already duty-free. Congressional approval is required and could come as early as March.
Preserving duty-free access for sunflower oil, meal and seed in Canada and Mexico reduces trade uncertainty, supporting US sunflower demand and planting outlook.
farmprogress.comJohn SandbakkenJan 22, 2019Not enough comparable past events yet for a historical read.
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.
