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Canada, U.S. And Mexico Sign Updated New NAFTA Deal

Canada's agri-food exporters are calling for the quick ratification of the amended North American free trade deal.
 
On Tuesday, December 10, Canada, the United States and Mexico signed on to the updated text of the new trade deal in Mexico City.
 
In a statement, Canadian Agri-Food Trade Alliance President, Dan Darling, says they welcome the announcement negotiations have concluded on updating the Canada-US-Mexico Agreement, or CUSMA.
 
Darling says they look forward to receiving confirmation the changes don't negatively impact their members.
 
"We applaud the leaders of all three countries in re-negotiating a comprehensive and high-standard agreement that will ensure North America continues to create jobs and opportunities for people in all three countries, and takes our free trade platform to the next level," he said.
 
Darling says all three parties must complete their ratification processes without further delay.
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U.S. HRW Wheat 70% in Drought with NO Rain for 5 days + More Frost!

Video: U.S. HRW Wheat 70% in Drought with NO Rain for 5 days + More Frost!


NOAA reported that U.S. HRW wheat was 70% in a drought ties the 2022 drought! USDA crop progress reported 47% of the HRW wheat in poor/very poor. The weather forecast looks wet and cool for the U.S. Midwest with snow for the Canadian Prairies. Central Brazil Safrinha corn crop looks dry for the next 2-weeks. Rumors that China was looking to but old crop U.S. soybeans out of the PNW. Kalsi (betting platform) has entered the commodity space with bets of where corn futures will be in the future. Trump extended the Iran ceasefire indefinitely, but blockade remains while the ceasefire with Isreal and Lebanon was extended by 3 weeks + CFTC.