Mexico Won't Drop U.S. as Supplier Because of NAFTA Anxiety

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.

• Feb 2, 2025Dollar lower after U.S. tariffs on Mexico paused for a month+0.6%
• Oct 29, 2020Mexico inks record U.S. corn purchase after Mexican farmers warn of crop shortfall-0.2%
• Nov 29, 2022Mexico open to deal with U.S. on GMO corn as farmers demand clarity over ban | Reuters-3.8%
• Oct 20, 2021The U.S. agriculture secretary says Mexico’s GMO ban won’t hurt corn exports | KCUR - Kansas City news and NPR+1.6%
• Feb 21, 2020To meet goals, China will be 'ramping up' U.S. ag purchases, says Perdue-3.1%

After 250 past neutral trade events, Soybeans moved a median +0.0% over 5 sessions (50% higher; middle half -1.4% to +1.6%), and -0.2% over 20.

• Mar 8, 2018Technical Progress Made In Mexico During Seventh NAFTA Round - U.S. Grains & BioProducts Council-2.5%
• Feb 4, 2020'Tough year,' says Perdue as USDA boosts trade-war payments to $14.5 billion+0.8%
• Sep 20, 2018As U.S.-China trade row grows, India urges China to drop meal import ban: sources+2.4%
• Oct 7, 2026Tight supplies support soybeans in wake of China’s snub-1.5%
• Apr 10, 2018Beijing to watch soybean supplies closely as tariff plan triggers price surge-0.5%