Uncertainty Creeps in for Oklahoma’s Agriculture Industry After Trade Deal Misses Deadline

Uncertainty creeps in for Oklahoma’s agriculture industry after trade deal misses deadline - The Mexico Ledger

A combine harvests soybeans in northern Oklahoma. (Photo by Todd Johnson/OSU Agriculture)U.S. agricultural goods make up a piece of the trade pie among the U.S., Mexico and Canada. The U.S.’s neighboring countries are important markets for Oklahoma. Last week, the U.S. declined to renew the United States-Mexico-Canada Agreement(USMCA), which replaced the North America Free Trade Agreement in 2020. That doesn’t mean the agreement is canceled. In…

Uncertainty creeps in for Oklahoma’s agriculture industry after trade deal misses deadline

U.S. agricultural goods make up a piece of the trade pie among the U.S., Mexico and Canada. The U.S.’s neighboring countries are important markets for Oklahoma. Last week, the U.S. declined to renew the United States-Mexico-Canada Agreement(USMCA), which replaced the North America Free Trade Agreement in 2020. That doesn’t mean the agreement is canceled. Instead, […]

Canada faces new currency pressure after USMCA renewal stalls

The Canadian dollar’s weakness is becoming harder to explain through oil alone. Canada remains a major crude exporter, and higher oil prices would normally be expected to support its terms of trade. Yet the currency failed to gain meaningful traction when crude was elevated earlier this year, and since the beginning of June it has fallen 2.9% against the US dollar, making it one of the weakest major currencies over that period. That points to a …

Labor, trade and screwworm put hog policy on edge

Legislative Watch: USMCA review turns uncertain; NWS pressure grows; fertilizer relief and fuel politics move through a crowded Washington calendar.