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Mexico market remains key as USMCA review creates uncertainty

The president of the Kansas Soybean Association says potential changes to the USMCA could have far-reaching consequences for U.S. agriculture.

Brett Neibling says the 10-year review window creates uncertainty for producers who depend on its market access. “It’s got to be one of our top priorities to get more markets and to secure the markets with Canada and Mexico. Mexico is such an important market for us. We need to make sure those agreements are in place and continue to build on them.”

Earlier this month, the U.S. said it would not renew the agreement in its current form and would begin negotiations. The administration has said that all options are on the table including securing separate trade deals.

Neibling tells Brownfield Mexico’s proximity gives producers a transportation and cost advantage that’s difficult to replace. “It’s just so critical, especially for producers in the Central Plains. Most of our crops directly via rail to Mexico.”  

According to data from the USDA, Mexico remains a top-three market for U.S. soybeans.