# bilaterals.org | 'This is life or death for us': Mexico's farm movement rejects new NAFTA agreement

> Mexican farm leaders rejected the US-Mexico NAFTA replacement deal announced in late August, calling it a threat to rural livelihoods. They urged incoming president Andrés Manuel López Obrador to halt its signing before he takes office on December 1.

- Date: 2018-09-13 · published 2018-09-13T12:00:00.000Z
- Category: policy · region Mexico · magnitude medium
- Page: https://feedsoft.ai/events/63002-bilaterals-org-this-is-life-or-death-for-us-mexico-s-farm-movement-rejects-new
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md), [Mexican Peso (MXN per USD)](https://feedsoft.ai/c/USDMXN.md)

## Why it matters

Political opposition raises the risk that the deal is delayed or altered, which keeps uncertainty over US feed grain and meal exports to Mexico elevated.

## Read by commodity

- SBM: neutral
- CORN: neutral
- USDMXN: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2018-10-09 | [New Agreement with Canada and U.S. Is Win-Lose for Mexico \| Inter Press Service](https://feedsoft.ai/events/62510-new-agreement-with-canada-and-u-s-is-win-lose-for-mexico-inter-press-service.md) | +4.1% | +3.7% |
| CORN | 2020-12-01 | [Mexican Grain Team: NAFTA Is A Good Deal For U.S. Agriculture \| Feed & Grain](https://feedsoft.ai/events/49605-mexican-grain-team-nafta-is-a-good-deal-for-u-s-agriculture-feed-and-grain.md) | -0.4% | +1.4% |
| CORN | 2018-10-10 | [Mexico’s Native Corn Varieties Threatened by New NAFTA — Food & Power](https://feedsoft.ai/events/62509-mexico-s-native-corn-varieties-threatened-by-new-nafta-food-and-power.md) | +4.0% | +4.0% |
| CORN | 2026-07-10 | [USMCA Review Raises Concerns for Mexico's Farmers](https://feedsoft.ai/events/18312-usmca-review-raises-concerns-for-mexico-s-farmers.md) | +2.1% | +0.8% |
| CORN | 2018-06-26 | [EPA Proposes Biofuel Requirements for 2019; On Track to Meet Congressional Deadline \| U.S. EPA News Releases \| US EPA](https://feedsoft.ai/events/64401-epa-proposes-biofuel-requirements-for-2019-on-track-to-meet-congressional.md) | -2.3% | -3.5% |
| SBM | 2018-10-09 | [New Agreement with Canada and U.S. Is Win-Lose for Mexico \| Inter Press Service](https://feedsoft.ai/events/62510-new-agreement-with-canada-and-u-s-is-win-lose-for-mexico-inter-press-service.md) | +4.1% | -1.1% |
| SBM | 2018-07-09 | [Mexico President-Elect Pledges Commitment To NAFTA - U.S. Soybean Export Council](https://feedsoft.ai/events/64006-mexico-president-elect-pledges-commitment-to-nafta-u-s-soybean-export-council.md) | -3.2% | -2.1% |
| SBM | 2024-08-13 | [The EU’s new anti-deforestation law has severe loopholes that could be exploited by the forthcoming EU-MERCOSUR trade agreement - IOPscience](https://feedsoft.ai/events/28803-the-eu-s-new-anti-deforestation-law-has-severe-loopholes-that-could-be.md) | -2.6% | -0.3% |

## Sources

- bilaterals.org: https://bilaterals.org/this-is-life-or-death-for-us

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