# New U.S.-Mexico-Canada Agreement Preserves Market Access, Improves Trade Logistics To Top U.S. Grain Markets - U.S. Grains & BioProducts Council

> The U.S. Grains Council welcomed the announced USMCA deal, which concluded talks to replace NAFTA and keeps duty-free access for U.S. grains and livestock to Mexico and Canada. The agreement also adds rapid-response SPS procedures and provisions on agricultural biotechnology.

- Date: 2018-10-04 · published 2018-10-04T12:00:00.000Z
- Category: trade · region US · magnitude medium
- Page: https://feedsoft.ai/events/62508-new-u-s-mexico-canada-agreement-preserves-market-access-improves-trade
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md)

## Why it matters

Preserved duty-free access to Mexico and Canada supports steady U.S. corn, wheat and soymeal export demand, which is supportive for U.S. grain prices.

## Read by commodity

- SBM: bullish ▲
- CORN: bullish ▲
- WHEAT: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2019-04-25 | [Mexico, Canada Stay Top Markets As USMCA Report Shows Benefits - U.S. Grains & BioProducts Council](https://feedsoft.ai/events/59558-mexico-canada-stay-top-markets-as-usmca-report-shows-benefits-u-s-grains-and.md) | +0.4% | +6.2% |
| CORN | 2020-07-02 | [USMCA Enters Into Force, Paves Way For Improved Agricultural Market Access - U.S. Grains & BioProducts Council](https://feedsoft.ai/events/52083-usmca-enters-into-force-paves-way-for-improved-agricultural-market-access-u-s.md) | +0.9% | -6.0% |
| CORN | 2026-04-08 | [U.S. Corn Secures Continued Access to $5 Billion Mexican Corn Export Market - U.S. Grains & BioProducts Council](https://feedsoft.ai/events/19671-u-s-corn-secures-continued-access-to-5-billion-mexican-corn-export-market-u-s.md) | -1.0% | +2.9% |
| CORN | 2019-11-14 | [USDA Trade Mission Emphasizes Importance Of Mexican Market - U.S. Grains & BioProducts Council](https://feedsoft.ai/events/56024-usda-trade-mission-emphasizes-importance-of-mexican-market-u-s-grains-and.md) | -0.9% | -2.6% |
| CORN | 2018-11-05 | [Successful Marketing Leads To Additional Corn And DDGS Sales To Mexico - U.S. Grains & BioProducts Council](https://feedsoft.ai/events/62023-successful-marketing-leads-to-additional-corn-and-ddgs-sales-to-mexico-u-s.md) | +1.8% | +1.4% |
| WHEAT | 2024-10-31 | [Market Perspectives - October 31, 2024 - U.S. Grains & BioProducts Council](https://feedsoft.ai/events/27947-market-perspectives-october-31-2024-u-s-grains-and-bioproducts-council.md) | +0.0% | -1.9% |
| WHEAT | 2021-07-23 | [China’s grain auction and meat production patterns point to rising imports](https://feedsoft.ai/events/46074-china-s-grain-auction-and-meat-production-patterns-point-to-rising-imports.md) | -0.4% | +1.0% |
| WHEAT | 2018-07-19 | [U.S. grains: Markets set one-week highs on export hopes, weather woes - AgCanada](https://feedsoft.ai/events/64079-u-s-grains-markets-set-one-week-highs-on-export-hopes-weather-woes-agcanada.md) | +3.7% | +2.1% |

## Sources

- grains.org: https://grains.org/new-u-s-mexico-canada-agreement-preserves-market-access-improves-trade-logistics-to-top-u-s-grain-markets/

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