# U.S. Exports to Mexico Fall as Uncertainty Over Nafta Lingers

> Mexican imports of U.S. soybean meal fell 15% in the first four months of 2017, the first decline for that period in four years, according to USDA data. U.S. chicken meat shipments dropped 11% and corn exports to Mexico fell 6%.

- Date: 2017-06-16 · published 2017-06-16T12:00:00.000Z
- Category: trade · region Mexico · magnitude medium
- Page: https://feedsoft.ai/events/70469-u-s-exports-to-mexico-fall-as-uncertainty-over-nafta-lingers
- Commodities: [Soybean Meal](https://feedsoft.ai/c/SBM.md), [Corn](https://feedsoft.ai/c/CORN.md), [Chicken](https://feedsoft.ai/c/CHICKEN.md)

## Why it matters

Mexico is the largest U.S. export market for these feed ingredients, so lost volume to Brazilian chicken and South American corn pressures U.S. feed demand and export basis.

## Read by commodity

- SBM: bearish ▼
- CORN: bearish ▼
- CHICKEN: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SBM | 2017-06-21 | [As Mexico Explores Options to Reduce Reliance on U.S. Ag Imports, NAFTA Ag Ministers Meet in Georgia \| Farm Policy News \| Illinois](https://feedsoft.ai/events/70470-as-mexico-explores-options-to-reduce-reliance-on-u-s-ag-imports-nafta-ag.md) | -2.3% | +8.5% |
| SBM | 2017-02-07 | [Trade Policy Uncertainty: Lingering Concern for Farmers - Farm Policy News](https://feedsoft.ai/events/72478-trade-policy-uncertainty-lingering-concern-for-farmers-farm-policy-news.md) | +3.1% | -1.8% |
| SBM | 2018-06-05 | [Mexican Peso Falls to Lowest in a Year as Nafta Seen Delayed - Bloomberg](https://feedsoft.ai/events/64745-mexican-peso-falls-to-lowest-in-a-year-as-nafta-seen-delayed-bloomberg.md) | -4.8% | -10.7% |
| SBM | 2018-08-10 | [China expects its U.S. agricultural imports to fall sharply - Grainews](https://feedsoft.ai/events/63520-china-expects-its-u-s-agricultural-imports-to-fall-sharply-grainews.md) | +0.2% | -5.9% |
| SBM | 2018-02-01 | [U.S. grains: Soybeans fall on weak exports, bumper Brazil harvest - AgCanada](https://feedsoft.ai/events/66531-u-s-grains-soybeans-fall-on-weak-exports-bumper-brazil-harvest-agcanada.md) | -0.7% | +16.6% |
| CORN | 2017-06-21 | [As Mexico Explores Options to Reduce Reliance on U.S. Ag Imports, NAFTA Ag Ministers Meet in Georgia \| Farm Policy News \| Illinois](https://feedsoft.ai/events/70470-as-mexico-explores-options-to-reduce-reliance-on-u-s-ag-imports-nafta-ag.md) | -2.4% | +2.1% |
| CORN | 2017-02-07 | [Trade Policy Uncertainty: Lingering Concern for Farmers - Farm Policy News](https://feedsoft.ai/events/72478-trade-policy-uncertainty-lingering-concern-for-farmers-farm-policy-news.md) | +1.9% | +1.6% |
| CORN | 2017-02-16 | [Mexico minister plans South America trip amid U.S. corn uncertainty](https://feedsoft.ai/events/72495-mexico-minister-plans-south-america-trip-amid-u-s-corn-uncertainty.md) | -0.3% | -1.5% |

## Sources

- wsj.com: https://www.wsj.com/articles/u-s-exports-to-mexico-fall-as-uncertainty-over-nafta-lingers-1497605414?mod=e2fb

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