Nearshoring Hopes Lag Despite Global Apparel Trade Changes
LUBBOCK, TX – Tariffs are reshaping global apparel sourcing, but the expected shift back to […]
USMCA
USMCA Trade Signals Matter For North American Agriculture
NASHVILLE, TN – North American trade numbers are sending mixed signals for U.S. agriculture as […]
USMCA Remains In Force After Renewal Decision
LUBBOCK, TX – The U.S.-Mexico-Canada Agreement remains in force, but the United States did not […]
USMCA Uncertainty Raises New Risk For Farm Trade
WASHINGTON, DC – North American trade uncertainty is rising as agriculture watches the 2026 review […]
Farm Export Outlook Improves While Trade Uncertainty Remains
LUBBOCK, TX – U.S. farm export prospects have improved, but producers still face a large […]
Farm Trade Talks Put Producers On Deadline Watch
LUBBOCK, TX – Farmers and ranchers could feel several trade decisions before any final agreement […]
U.S. Ag Trade Deficit Narrows In USDA Outlook
LUBBOCK, TX – The U.S. agricultural trade deficit is expected to shrink in fiscal year […]
Mexico Agrees to U.S. Demands Regarding Potato Trade
MEXICO CITY, MX – Two-way trade in food and agricultural products between the United States […]
U.S., Mexico, and Canada Trade Officials Meet Virtually
The United States played virtual host early in the week to trade officials from Canada and Mexico during the first meeting of the USMCA Free Trade Commission.
Canada is Second Best Export Market Behind China
Despite COVID-19 challenges, Canada remained a leading destination for U.S. agricultural exports in 2020, with high-value food and beverage exports reaching $17 billion.
U.S. Enjoying a Record-Trade Surplus With Mexico
U.S terms of trade with Mexico advanced 4.9 percent for the year ended in March 2021, the largest year-over-year increase since the index was first published in December 2017.
North American Ag Trade Has Skyrocketed Since 1994
Over the last quarter-century, the United States has become one of the largest agricultural importers in the world.
U.S. Wheat Receives Parity in New Trade Agreement
As a key component of the new USMCA trade agreement, Canada agreed to allow wheat grown in the United States for import purposes to receive an official Canadian grade as long as the variety was approved in that country.
North American Trade Continues Growth Under New USMCA
According to the Economic Research Service, the total value of intraregional agricultural trade among all three NAFTA countries reached more than $95 billion last year, compared with $16.6 billion in 1993 – one year before NAFTA’s implementation.