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USDA trade and foreign agricultural affairs nominee Greg Ibach told the Senate Agriculture Committee he would seek to restore relationships with Canada and remove trade barriers affecting U.S. agriculture. The hearing also addressed USMCA uncertainty, agricultural credit challenges, and existing reciprocal U.S.-Canada tariffs on dairy products, alcohol, and steel.
Improved U.S.-Canada trade relations could reduce barriers and support agricultural export demand, while unresolved tariffs and USMCA uncertainty keep trade risks in place. No specific change to agricultural market access was announced.
dtnpf.comJake ZajkowskiNov 10, 2026After 1,982 past trade events, Corn moved a median +0.1% over 5 sessions (52% higher; middle half -1.3% to +1.6%), and +0.4% over 20.
After 1,802 past trade events, Soybeans moved a median +0.1% over 5 sessions (52% higher; middle half -1.5% to +1.7%), and +0.7% over 20.
After 1,079 past trade events, Wheat (SRW) moved a median -0.0% over 5 sessions (49% higher; middle half -1.6% to +1.7%), and +0.2% 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.
