Mexico Buying More Grain From South America

November 15, 2017 01:26 PM

The stock market is setting new records, gross domestic product (GDP) growth is at 3 percent and President Trump says he'll continue to focus on jobs even it means dropping the North American Free Trade Agreement (NAFTA).

The trade pact, now in renegotiations, is top of mind for President Trump. 

"We are working on many trade deals that have treated our country very unfairly for many years," said President Trump. "They didn't know what was going on and those days are over." 

He continues to threaten to withdraw in hopes of gaining leverage over Mexico and Canada. Farm-state leaders continue to urge caution and reserve as those two countries remain major buyers of U.S. agricultural goods.

However, the president and his team say if ending the agreement is the only way to gain any leverage, they're willing to take that step.

"We will see how that turns out," said President Trump.  "It may not turn out and if it doesn't turn out, we'll have to do a new NAFTA or a new deal."

Rep. Ron Kind (Wisc.-D)represents a district of dairy farmers, and is questioning President Trump's ability to withdraw from NAFTA.

Kind told reporters that, "Constitutionally, I think the President would be on pretty shaky grounds if he tries." 

Watch the full story on U.S. Farm Report above.

Back to news


Spell Check

Robie Houser
Vale, NC
11/16/2017 08:23 AM

  So Mexico is already purchasing grain elsewhere and is still under the NAFTA treaty. It appears Mexico has already violated the treaty and is looking out for the best interest for its citizens. Now, is it not alright for President Trump to protect the interest of the american citizens? We are in a trade deficit with this country and we are worried about a treaty that Mexico has already violated. I hope we get what we deserve for being so stupid!

Washington, IA
11/16/2017 08:20 PM

  Maybe what we deserve is a president that isn't so full of himself he thinks about something besides his ego. He's ruining our trade and trying to convince us he's doing us a favor. If he was any good at negotiating he might try making a trade deal instead of just getting rid of what we had. Now he wants to raise our taxes to pay for tax cuts for his rich buddies. I guess farmers voted for him so unfortunately we might just get what we deserve.

Stephen Edwards
Redcar, AL
5/29/2018 07:56 AM

  trump thinks he knows what he's doing but unfortunately he does not have a clue and America will suffer in the long run and those that voted for him will be the ones that are hit the hardest the farmers getting hit the worst of it . trump spends his days tweeting about the fake news and how badly he gets treated by the media but refuses to talk to them and calls them all fake and he wonders why the have a dig at him and this is a man who says he has the bet IQ


Corn College TV Education Series


Get nearly 8 hours of educational video with Farm Journal's top agronomists. Produced in the field and neatly organized by topic, from spring prep to post-harvest. Order now!


Market Data provided by
Brought to you by Beyer