As the Unites States plans to renegotiate the North American Free Trade Agreement with Canada and Mexico, U.S. agricultural exports to Mexico have declined over the first few months of 2017. The Wall Street Journal reports that Mexican imports of U.S. soybean meal dropped 15 percent, the first decline in four years. Meanwhile, chicken exports to Mexico were down 11 …
Conaway, Peterson Praise U.S. Sugar Deal
House Agriculture Committee Chairman K. Michael Conaway (TX-11) and Ranking Member Collin Peterson (MN-7) made the below remarks following an announcement that an agreement was reached between the U.S. sugar industry and the Department of Commerce to bring Mexican sugar into compliance with U.S. trade laws: “I am very pleased that the Department of Commerce was able to negotiate an …
AFBF Details NAFTA Renegotiation Priorities
The North American Free Trade Agreement has been overwhelmingly beneficial for U.S. farmers and ranchers—and their counterparts in Canada and Mexico—but there are several good reasons to update and reform NAFTA from agriculture’s perspective, according to the American Farm Bureau Federation. Under NAFTA, U.S. farmers and ranchers have seen their exports to Mexico and Canada grow significantly, from $8.9 billion …
USDA Role in Enforcing New U.S.-Mexico Sugar Deal
Last week, it was announced that a new agreement between the United States and Mexico regarding the importation of Mexican sugar had been reached. The U.S. Department of Commerce had been reviewing the 2014 agreement with the government of Mexico and the Mexican sugar refiners that suspended anti-dumping and countervailing duties on the import of Mexican sugar into the U.S. In …
Mexico Shopping for Non-U.S. Pork
Concerns over the U.S.-led effort to renegotiate the North American Free Trade Agreement has prompted Mexico to consider other options for pork imports. National Hog Farmer magazine reports U.S. pork industry leaders shared that message at last week’s World Pork Expo in Des Moines, Iowa. For instance, if the U.S. would abandon NAFTA, Mexico would be poised to place a …
EU Seeks to Expand Trade with Mexico
The European Union is seeking to expand its trade relationship with Mexico. Under the current trade agreement between the EU and Mexico, the EU’s most active trading sectors with Mexico are machinery and car parts. The current agreement was implemented in 2000. Politico reports that a renewed deal would also be a response to Trump’s aggressive trade stance against Mexico. …
Sugar Deal Reached with Mexico
It was announced Tuesday that the U.S. and Mexico have reached an agreement to finally end the sugar dispute. And with renegotiations of the North American Free Trade Agreement (NAFTA) expected to start in August, some experts are saying the sugar agreement is good news. And according to a story from Rod Bain, one person commenting on the new agreement …
U.S. Grains Council Statement On Announcement Of New Sugar Suspension Agreement
A statement from U.S. Grains Council (USGC) President and CEO Tom Sleight: “We are pleased to hear that U.S. and Mexican negotiators have reached a new sugar suspension agreement. This milestone is an important one as we work to maintain our existing, robust trade of U.S. grains and related products while awaiting the beginning of NAFTA modernization negotiations. “Mexico is …
Perdue Statement on Sugar Agreement with Mexico
U.S. Secretary of Agriculture Sonny Perdue issued a statement regarding a new agreement between the United States and Mexico regarding the importation of Mexican sugar. The U.S. Department of Commerce has been reviewing a 2014 agreement with the government of Mexico and the Mexican sugar refiners that suspended anti-dumping and countervailing duties on the import of Mexican sugar into the …
Midwest Railroad Watching NAFTA Talks Closely
A railroad company that exports U.S. agricultural products to Mexico is closely watching the North American Free Trade Agreement renegotiation effort. Kansas City Southern Railway Company CEO Pat Ottensmeyer told KMBC-TV in Kansas City, Missouri: “We once branded ourselves the NAFTA railroad.” Since NAFTA took effect, the railway has grown to send 40 percent of its business to Mexico. The …