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Statement by Secretary Vilsack Regarding USMCA Dispute Settlement Consultations Request on Mexico’s Agricultural Biotechnology Measures

U.S. Secretary of Agriculture Tom Vilsack issued the following statement regarding today’s announcement by the Office of the U.S. Trade Representative (USTR) that the United States has requested dispute settlement consultations with Mexico under the United States-Mexico-Canada Agreement (USMCA). These consultations are in regard to Mexico’s agricultural biotechnology policies.

“USDA supports success for all farmers, and that means embracing fair, open, science- and rules-based trade. In this spirit, the USMCA was written to ensure that producers in all three countries have full and fair access to each other’s markets,” said Agriculture Secretary Tom Vilsack. “We fundamentally disagree with the position Mexico has taken on the issue of biotechnology, which has been proven to be safe for decades. Through this action, we are exercising our rights under USMCA while supporting innovation, nutrition security, sustainability, and the mutual success of our farmers and producers.”

Source : usda.gov

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USDA surprised with higher 2026 U.S. corn yields but it’s early with just over 20% of the U.S. harvest complete. NE, IA and IL corn and soybean yields continue to hold up the national average corn and soybean yields.
U.S. corn crop conditions fell 3% to 54% G-E and NE corn yield goes up 11 bpa with the 2nd wettest to record wet month of September and harvest only 15% complete??????
Some regions in the U.S. had the hottest summer in 140 years while others had record flooding?????
The Black Sea region is worse not better.
Brazilian real rally.
Brazil looks dry into November.
+ CFTC.