The US-Mexico-Canada Agreement (USMCA) is set to begin its six-year review in 2026 to determine the future of the trade pact, which is scheduled to expire in 2036. National Corn Board Association member Bill Leigh says the stakes for corn producers are clear:
“We export a lot of corn into Mexico for their cattle feed lots. And it goes—any of the products that are mentioned in USMCA, are tariff free. So, it is a free-trade zone, which allows much easier and less expensive transportation or purchasing value of our corn and ethanol that are going to those two different countries. That’s the key of it,” says Leigh, “it is a free trade. And if they need the product, we can supply it.”
According to Farm Progress, since the agreement was enacted in 2020, American agricultural exports have increased by $10.5 billion to Mexico and $7.5 billion to Canada.
