# Canola industry welcomes the improved access and certainty promised by United States-Mexico-Canada Agreement

> The Canola Council of Canada welcomed the USMCA agreement, which keeps canola seed, oil and meal tariff-free between the U.S., Canada and Mexico. The updated rules of origin allow Canadian canola-based margarine to enter the U.S. without tariffs.

- Date: 2018-10-01 · published 2018-10-01T12:00:00.000Z
- Category: policy · region US · magnitude medium
- Page: https://feedsoft.ai/events/62528-canola-industry-welcomes-the-improved-access-and-certainty-promised-by-united
- Commodities: [Canola Meal](https://feedsoft.ai/c/CANMEAL.md)

## Why it matters

Tariff-free access preserves North American canola and meal trade flows and supports demand for canola meal. The effect on prices is modest because the trade was already largely open.

## Read by commodity

- CANMEAL: bullish ▲

## Sources

- canolacouncil.org: https://www.canolacouncil.org/news/canola-industry-welcomes-the-improved-access-and-certainty-promised-by-united-states-mexico-canada-agreement/

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