# ICYMI: USGC Chairman Urges That NAFTA Modernization Do No Harm To U.S. Ag - América Latina

> U.S. Grains Council chairman Chip Councell told a USTR panel that NAFTA modernization should do no harm to U.S. agriculture and move quickly to reduce uncertainty. He said the Council has unconfirmed evidence Mexico will buy South American corn later this year.

- Date: 2017-06-30 · published 2017-06-30T12:00:00.000Z
- Category: trade · region Mexico · magnitude low
- Page: https://feedsoft.ai/events/70471-icymi-usgc-chairman-urges-that-nafta-modernization-do-no-harm-to-u-s-ag-america
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Signals of Mexican corn sourcing shifting to South America point to softer U.S. export demand for the coming crop, a bearish factor for corn.

## Read by commodity

- CORN: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2017-05-17 | [Mexico, U.S. ag groups push for NAFTA modernization, not renegotiation \| World-grain.com \| May 17, 2017 14:47 \| World Grain](https://feedsoft.ai/events/70981-mexico-u-s-ag-groups-push-for-nafta-modernization-not-renegotiation-world-grain.md) | +1.0% | +2.6% |
| CORN | 2023-05-17 | [Mexican argument that corn ban does no harm meets opposition \| Agri-Pulse Communications, Inc.](https://feedsoft.ai/events/35911-mexican-argument-that-corn-ban-does-no-harm-meets-opposition-agri-pulse.md) | +2.4% | +0.5% |
| CORN | 2020-01-16 | [China's 'market condition' caveat on U.S. ag purchases adds to trade deal doubts](https://feedsoft.ai/events/54944-china-s-market-condition-caveat-on-u-s-ag-purchases-adds-to-trade-deal-doubts.md) | +0.7% | -1.7% |
| CORN | 2025-04-09 | [As new tariffs kick in, what do they mean for U.S. ag?  \| Agri-Pulse Communications, Inc.](https://feedsoft.ai/events/25448-as-new-tariffs-kick-in-what-do-they-mean-for-u-s-ag-agri-pulse-communications.md) | +3.4% | -2.3% |
| CORN | 2024-01-11 | [The GE Corn Dispute:  U.S. Agriculture Challenges Mexican Culture – International Economic Law and Policy Blog](https://feedsoft.ai/events/32098-the-ge-corn-dispute-u-s-agriculture-challenges-mexican-culture-international.md) | -1.3% | -5.6% |

## Sources

- grains.org: https://grains.org/ltamex/icymi-usgc-chairman-urges-that-nafta-modernization-do-no-harm-to-u-s-ag/

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