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Family farm groups say the NAFTA renegotiation has stalled after four rounds, with little clarity on the Trump administration's goals. Contentious issues include grain and livestock tariffs, Canadian dairy imports and Mexican produce imports.
Uncertainty over NAFTA terms creates risk for U.S. exports of corn, pork, beef and dairy to Mexico and Canada. Any tariff changes would shift trade flows and could weigh on feed-grain and livestock prices.
civileats.comBryce OatesOct 20, 2017After 480 past neutral trade events, Corn moved a median +0.2% over 5 sessions (54% higher; middle half -1.1% to +1.6%), and +0.7% over 20.
After 65 past neutral trade events, Live Cattle moved a median +0.3% over 5 sessions (57% higher; middle half -0.5% to +1.4%), and +2.5% over 20.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
