Major Commodity Groups Support USMCA
Last week at the Commodity Classic in Orlando Florida four major Commodity groups announced their support for the U.S. Mexico Canada Agreement (USMCA.) The USMCA trade agreement was negotiated by the Trump Administration to take the place of the North American Trade Agreement or NAFTA.
The National Corn Growers Association, American Soybean Association, National Association of Wheat Growers, and National Sorghum Producers all announced their support for USMCA. Members of the four groups will be advocating members of Congress to ratify the new agreement. In addition they will urge the Trump Administration to keep the current NAFTA trade agreement intact until USMCA is ratified.
Canada and Mexico account for 25 percent of all U.S. Agricultural exports so trade is this is very important to U. S. farmers. Mexico is the number one U.S. corn buyer and Canada is one of our largest ethanol importers. National Corn Growers President Lynn Chrisp said this is the National Corn Grower's top legislative priority for 2019 and the organization will be working closely with the Administration and members of Congress to get it ratified.