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USMCA Offers Stability in Key Markets

The NCC applauded President Trump’s signing on January 29 of the Congressionally-approved U.S.-Mexico-Canada Agreement (USMCA).
 
The National Cotton Council (NCC) applauded President Trump’s signing today of the Congressionally-approved U.S.-Mexico-Canada Agreement (USMCA).
 
NCC Chairman Mike Tate said this trade agreement will provide a boost in trade certainty for U.S. cotton and cotton textile products in the North American market. He noted that Mexico is the second largest export market for U.S. cotton textile/apparel products and Canada is the fourth largest for these goods. Mexico also is a top market for U.S. raw cotton.
 
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Increased Geo Political Tensions = SELL AMERICA TRADE + Argentina Dry

Video: Increased Geo Political Tensions = SELL AMERICA TRADE + Argentina Dry


Higher geo-politics from Trump wanting to annex Greenlland to conflict with Iran has caused investors to sell everything America. With Matto Grosso Brazil 7% harvested weather has turned wet as harvest progresses but Argentina has turned dry! Both soybean and wheat futures have traded back above the pre-USDA January crop report close a positive technical chart signal. A monster weekly U.S. export report is price supportive but a kick the can down the road on E15 is very disappointing.