# Why USMCA is good for sunflower

> 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.

- Date: 2019-01-22 · published 2019-01-22T12:00:00.000Z
- Category: policy · region US · magnitude low
- Page: https://feedsoft.ai/events/61208-why-usmca-is-good-for-sunflower
- Commodities: [Sunflower Meal](https://feedsoft.ai/c/SUNMEAL.md)

## Why it matters

Preserving duty-free access for sunflower oil, meal and seed in Canada and Mexico reduces trade uncertainty, supporting US sunflower demand and planting outlook.

## Read by commodity

- SUNMEAL: bullish ▲

## Sources

- farmprogress.com: https://www.farmprogress.com/crops/why-usmca-is-good-for-sunflower

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