Reading Time: 2 minutes Chicago | Reuters — U.S. corn, wheat and soybean futures rose on Thursday on fresh export demand and renewed hopes for a trade agreement with China after U.S. President Donald Trump tweeted that a deal with Beijing was “very close,” analysts said. Chicago Board of Trade March corn futures settled up 6-1/2 cents at $3.77-3/4 […] Read more
U.S. grains: Corn, wheat, soy rally on China trade hopes
Canada, U.S., Mexico sign agreement, again, to replace NAFTA
Reading Time: 4 minutes Washington/Mexico City | Reuters — Top officials from Canada, Mexico and the United States signed a fresh overhaul of a quarter-century-old trade pact on Tuesday that aims to improve enforcement of worker rights and hold down prices for biologic drugs by eliminating a patent provision. The signing ceremony in Mexico City launched what may be […] Read more
Freeland, U.S. and Mexican officials to meet to pin down trade deal
Reading Time: 4 minutes Washington/Mexico City | Reuters — The Trump administration, Mexico and U.S. Democrats on Monday closed in on a deal for labour-related changes to a languishing North American trade pact that may soon allow it to proceed to a vote, as the window for passage this year quickly narrows. U.S. Trade Representative Robert Lighthizer and White […] Read more
A ‘little more work’ needed on CUSMA deal, Trudeau says
Reading Time: < 1 minute Ottawa | Reuters — Canadian Prime Minister Justin Trudeau on Friday said a little more work needed to be done on a new continental trade deal which has run into opposition from some U.S. Democrats over labour and environmental provisions. Officials are trying to agree on a series of tweaks to the U.S.-Mexico-Canada Agreement (CUSMA) […] Read more
Mexican Senate set to pass bill to legalize marijuana in next few days
Reading Time: 2 minutes Mexico City | Reuters — Mexico’s Senate will vote for a bill to fully legalize marijuana in the next few days, a key lawmaker told Reuters, marking a major step toward changing the country’s approach to the drug by removing it as a source of income for violent drug gangs. President Andres Manuel Lopez Obrador, […] Read more
Trump says impeachment inquiry could derail North America trade deal
Reading Time: 2 minutes Washington/Mexico City | Reuters — U.S. President Donald Trump warned on Wednesday that an impeachment inquiry against him could derail congressional approval of a North America trade pact, dragging down Mexico’s peso and stock market as investors fled riskier assets. While U.S. Trade Representative Robert Lighthizer said he was confident the U.S-Mexico-Canada trade agreement would […] Read more
U.S. grains: Corn extends slide on crop prospects
Reading Time: 2 minutes Chicago | Reuters –– Chicago corn futures fell for a third straight session on Wednesday, setting life-of-contract lows as improving crop ratings and benign weather forecasts raised confidence in U.S. harvest prospects, traders said. Wheat rose, with benchmark Chicago wheat rebounding from a three-month low set a day earlier and K.C. and Minneapolis hard wheat […] Read more
Mexico and U.S. reach deal to end tomato tariff spat
Reading Time: 2 minutes Mexico City | Reuters — Mexican tomato producers have reached a deal with the U.S. government to avoid an anti-dumping investigation, Mexican Economy Minister Graciela Marquez said on Wednesday, ending a testy tariff dispute that had rumbled on for months. Under the deal, the vast majority of Mexican tomato exports will be subject to border […] Read more
USMCA dispute panel fix must be ‘across the board,’ Mexico says
Reading Time: 2 minutes Mexico City | Reuters — Mexico sees a push to close a dispute resolution loophole in the Canada-U.S.-Mexico trade deal as a way to protect its interests as well as helping satisfy demands by U.S. Democrats that the deal contain stricter labour measures, a senior official said on Thursday. Reuters reported last week that Mexico […] Read more
Trudeau to meet with Pelosi, McConnell on USMCA
Reading Time: 2 minutes Washington | Reuters — Canadian Prime Minister Justin Trudeau this week is set to meet with Nancy Pelosi, speaker of the Democrat-controlled U.S. House of Representatives, and U.S. Senate majority leader Mitch McConnell, a Republican, in a bid to fast-track passage of a delayed trade deal, two congressional aides said on Monday. Trudeau is to […] Read more
A message from April Stewart, Country Guide's Associate Editor
