USDA: New US-Mexico trade agreement supports crop biotechnology previously blocked by Mexico

After 729 past bullish trade events, Corn moved a median +0.4% over 5 sessions (56% higher; middle half -1.1% to +1.8%), and +0.5% over 20.

• Oct 4, 2018New U.S.-Mexico-Canada Agreement Preserves Market Access, Improves Trade Logistics To Top U.S. Grain Markets - U.S. Grains & BioProducts Council-1.5%
• Dec 11, 2019US ethanol industry welcomes US-Mexico-Canada trade agreement - Biofuels International Magazine+5.1%
• Jun 30, 2020IL Corn Celebrates U.S. Mexico Canada Agreement for Trade Entry-into Force+3.3%
• Aug 29, 2018US feed associations release joint statement on preliminary trade agreement between US and Mexico - Milling and Grain+2.7%
• Sep 2, 2018U.S., Mexico reach agreement on key trade provisions - Agweek | #1 source for agriculture news, farming, markets+0.9%

Not enough comparable past events yet for a historical read.

After 224 past neutral trade events, Soybean Meal moved a median -0.2% over 5 sessions (43% higher; middle half -1.7% to +1.2%), and -0.2% over 20.

• Oct 29, 2025Comments to USTR on the Review of the U.S.-Mexico Canada Agreement (USMCA) - Public Citizen+3.4%
• Mar 3, 2026US, China trade chiefs to meet mid-March before Trump-Xi summit, Bloomberg News reports | Reuters+0.6%
• Jan 31, 2017Trump Puts US Food, Farm Companies on Edge Over Mexico Trade-0.5%
• Dec 20, 2018China Trade War Rattles Investors in New US Soy Processing Plants-1.3%
• May 15, 2017USSEC Provides Soy Trade Price Risk Management Training to Chinese Soy Crushers and Feed Millers - U.S. Soybean Export Council-0.9%